First Solar (FSLR) Stock Analysis 2013

First Solar (FSLR) Stock Analysis 5/7/13 May 7, 2013 -

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First Solar (FSLR) will report earnings and guidance tonight and I expect the stock to be very volatile.  First Solar (FSLR) stock will have resistance on the upside at $50.20 and support on the downside at $41.  This is a wide range but options action ahead of earnings suggests a huge move tonight and tomorrow.

I'm not a big fan of FSLR over the long term but this is a trading stock.  Watch your support and resistance levels and the react to the long or short side.

See Also - Top Solar Stocks 2014 - Top Stocks 2013 - Top Stock Gainers 2013

First Solar FSLR - High of Day Alert

First Solar, Inc. (FSLR) stock just broke through the high of the day this morning at $123.70. I bought the stock and will be using a stop loss order at $119.50. I will add to my long position when the stock closes above the 10 day moving average ( currently $135.22 and falling rapidly ).

I don't usually buy stocks when they are trading below all three major moving averages ( 10, 50, 200 day ) but am making an exception given the huge down move.

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Solar Stocks 3/26/09 March 26, 2009

Today, March 26, 2009, the Solar Stocks are exploding higher following a media report that the Chinese government is open to supporting the local development of solar energy in China.

Asian technology newspaper DigiTimes said in an article Thursday that China hasn't yet designed a program or set a schedule for solar energy subsidies as costs of solar power generation are still too high. DigiTimes attributed the comments made at a Taiwan-China photovoltaic industry convention to officials from the Chinese Department of Renewable Energy.

The following Chinese Solar Stocks in are seeing the most upside:

Suntech Power Holdings (STP) - $11.39 Up 45.10%
Trina Solar Ltd. (TSL) - $12.36 Up 42.73%
Yingli Green Energy (YGE) - $5.84 Up 40.72%
LDK Solar (LDK) - $8.30 Up 40.00%
JA Solar Holdings (JASO) - $3.54 Up 33.08%
China Sunergy (CSUN) - $3.32 Up 33.01%

Other Solar Stocks:

First Solar ( FSLR )
Energy Conversion Devices ( ENER )
Canadian Solar ( CSIQ )
Solarfun ( SOLF )
Claymore/MAC Global Solar Energy ( TAN )
Akeena Solar ( AKNS )
ReneSola ( SOL )

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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First Solar ( FSLR ) Technical Analysis - FSLR Stock Analysis

The following is technical analysis for the stock First Solar ( FSLR ) for 10/20/08.

Support and Resistance Levels - FSLR

First Solar FSLR stock has shown signs of recovering lately as it has trended over its 10 day moving average for several trading days now. This is a positive sign. FSLR has support around the $102.50 and 100.00 level. First Solar also has resistance around the $150 level as well as $160 area. I'd be very bullish on a close over $160. On the downside, the stock is trending well below the 50 and 200 day moving averages.

Earnings will be a key catalyst as to where this stock heads next. FSLR earnings are expected 10/29/08.

Pre Market Trading - Stock Market 10/6/08

Another ugly day is in store for the US Stock Markets. Wall St does not like the material in the bailout plan as well as further credit tightening in Europe. The Russian stock market has halted trading for the second time today as that market has been plunging.

Dow Sub 10,000? At this point, it would almost seem as though we will test below 10,000 on the Dow Jones just to see whats there. Will buyers step up to the plate? Yes, we are in a vicious bear market, but we are deeply oversold and stocks don't go straight down without bouncing.

Stocks to Watch - Apple ( AAPL ) - Yes there will be slower sales in the coming year, but Apple is sitting on 21 billion in cash while their market cap is only 84 billion. First Solar( FSLR )..great earnings...many people think Solar stocks are tied to Oil prices....they are wrong. Solar stocks are tied to electricity prices. Biggest mistake investors make, selling a solar stock because oil is going down.

FSLR Stock has Bottomed - First Solar Analysis 9/17/08

Yes, First Solar ( FSLR ) has bottomed at $186 yesterday. I have been trading this stock for the past two weeks and this morning it is stronger then any morning since I started trading it again.

They ran FSLR down from $280 to $196 in a week....every time the futures were down in the morning, they would gap First Solar lower every single time by 5-10%. I played the same trend every day last week. They would open FSLR down 5%...crush it even more at the open, and then cover their shorts the rest of the day. It was common to get $10 moves up in this stock after about 11am.

This morning the futures are down pretty nicely...and FSLR is up $2. Haven't seen this strength for several weeks. The trend has changed! Yesterdays capitulation gap down to $186 ended up with a rally to close at $215....huge move! Short finally covered. That signifies a bear bottom in the stock. A close over $220 and FSLR is off to the races even higher.

First Solar ( FSLR ) Upgraded 9/12 to Buy - Societe Generale

This morning 9/12/08, First Solar ( FSLR ) has been started with a buy from Societe Generale company. First Solar stock has been crushed over the past two weeks due to fears of prices falling in 2009. They seem to be over done however, and I have been trading this stock daily. Buying below $200 and selling above or at $210 has worked great. When FSLR breaks $219 it will be back in play. I could see it going to $235-$240 quickly.

CNBC's Jim Cramer blessed FSLR stock on lightening round last night 9/11 on Cramer's Mad Money.

Stock Market 9/09 Update - Stocks to Watch FSLR, LEH, AAPL

Today has been another interesting day....Lehman ( LEH ) is getting drilled, down 30%. I think this would be the last one to go and then the market can reverse for the long term. By last to go I mean, Bear Sterns ( BSC ) Fannie Mae ( FNM ) & Freddie Mac ( FRE ). If Lehman got taken over or bailed out.....the market can finally look forward instead of fearing the above companies and how it effects selling in the stocks they own. Look at GOOG, CHK, FSLR, ENER, AAPL.....these companies are getting sold off for no reason....and they do not bounce when the market goes up. These are good solid companies trade at fair valuations. Forced selling has the most to do with these stocks.

These are the stocks you will want to be trading....and when the market starts to turn, these will be your leaders as money will again flow back into them. You can add Mastercard ( MA ) and Visa ( V ) in this bunch as well.

First Solar will break back to the upside when it breaks $208......ENER when it breaks back over $56.50....keep in eye on these for some nice swing trades!

Technical Analysis: Visa ( V ) Ivanhoe Energy ( IVAN ) Stock Charts

This morning I updated my Visa ( V ), First Solar ( FSLR ), DryShips ( DRYS ), and Ivanhoe Energy ( IVAN ) technical analysis stock charts.

Visa ( V ) is one that really sticks out to me as this stock is getting ready to move hard one way or under. It has formed triangle pattern and is near the breaking point, either a break out or a break down. A close below $69 would be a break down....a close above $76.40 could start a nice breakout. Keep an eye on this stock!

The Haynesville Shale stocks have been hot over the past few days.....CHK and XTO. Keep an eye on these stocks as they have gotten slaughtered over the past month. If Nat gas and Oil move higher these will move even bigger.

Earnings 7-30 4pm - Visa ( V ) First Solar ( FSLR ) Akamai ( AKAM )

After a great night last night from BWLD, Garmin came in with some very bad news this morning on their Nuvifone delay.

Tonight we have a number of companies due to report earnings

Visa (V) - Analysts are expecting Visa to earn .48 cents per share. This stock has really run up going into earnings but I expect a good report. How the stock reacts is a totally different story. Last quarter Visa was down big after the earnings release...opened the next day at $71....ran the whole day and closed near $78. They earned .52 cents last quarter.

First Solar (FSLR) - Analysts are expecting First Solar to earn .58 cents a share. FSLR is trading at a very high p/e ratio so any miss or guidance miss would be a huge disappointment and you would see FSLR really go down. If they come out and beat, and then raise...you could see First Solar really break out.

Akamai ( AKAM ) - I really like this company....Akamai basically powers the internet with their technology. Most of the Video that runs on the Internet is powered by Akamai.

That website shows you the traffic through Akamai system....it has basically doubled from a year ago. Earnings Guidance will be key tonight...so watch AKAM