First Solar's most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $47.50 short put and a strike $42.50 long put offers a potential 15.74% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.50 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $42.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for First Solar is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for First Solar is bullish.
The RSI indicator is at 40.2 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for First Solar
Nasdaq stocks posting largest percentage decreases
Thu, 16 Jan 2014 23:02:52 GMT
Can Solar Stocks Continue Their Hot Streak?
Thu, 16 Jan 2014 22:05:58 GMT
Motley Fool – Solar stocks have gone up this year on very little news. If SolarCity, SunPower, and First Solar are going to continue outperforming the market they'll need to show operational improvement and earnings …
John Hancock Signs Off On Distributed Solar
Thu, 16 Jan 2014 18:43:00 GMT
Forbes – The distributed solar power industry has recruited another brand-name investment backer: the John Hancock Life Insurance Company. John Hancock, a division of the Canadian financial services conglomerate Manulife Financial, said it would join the Libra Group in providing equity funding of $40 million for a portfolio of solar power projects in […]
Solar company spinoffs lure investors with dividends
Thu, 16 Jan 2014 17:49:05 GMT
Reuters – Long shunned by cautious investors, solar companies have hit on a new way to deliver returns to shareholders that could attract new money to an industry notorious for its stock price volatility. SunEdison …
Will the Sun Continue to Shine on Solar Power?
Thu, 16 Jan 2014 14:48:11 GMT
Motley Fool – Will solar panels manufacturers continue their staggering rise in 2014?
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