First Solar's most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 12.11% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock dropped below the $55.00 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 64.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for First Solar
Another SunPower Project at Nellis Base
Thu, 05 Jun 2014 21:10:47 GMT
SolarWorld's Trade Dispute Continues To Haunt China
Thu, 05 Jun 2014 01:44:00 GMT
Forbes – No respite from Washington for investors in Chinese solar stocks.
U.S. stocks close higher; S&P at record
Wed, 04 Jun 2014 20:22:54 GMT
China Solar Stocks Dive As Feds Protect U.S. Makers
Wed, 04 Jun 2014 20:06:00 GMT
Investor's Business Daily – Major U.S. solar panel manufacturers, including First Solar (FSLR), jumped in the stock market today as Chinese rivals fell, the effect of government tariff moves in a trade dispute between America and …
Solar stocks you should know
Wed, 04 Jun 2014 19:48:00 GMT
CNBC – Solar stocks have been one of this year's hottest sectors. CNBC's Jackie DeAngelis highlights the names with the biggest potential.
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