First Solar's most recent trend suggests a bearish bias. One trading opportunity on First Solar is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 17.1% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for First Solar is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for First Solar is bearish.
The RSI indicator is at 36.52 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
Tue, 14 Jan 2014 23:03:05 GMT
These 4 Solar Tech Stocks are Burning Bright
Tue, 14 Jan 2014 20:39:00 GMT
TheStreet – Sunedison (SUNE), SunPower Corporation (SPWR), First Solar (FSLR) and Trina Solar (TSL) surged over Tuesday's trading session. Are they buys?
Accumulate Trina Solar
Tue, 14 Jan 2014 17:52:31 GMT
Seeking Alpha – Trina Solar ( TSL ) shares have recovered extraordinarily from a low of $2 in November 2012 to around $16 at the time of writing. That is, in just over a year, the stock has returned some 800%. Few would …
Canadian Solar: An Unappreciated Gem, Says Nomura
Tue, 14 Jan 2014 14:21:00 GMT
Barrons.com – Nomura Securities analyst Nitin Kumar has a Buy rating on Canadian Solar (CSIQ), calling it “an unappreciated gem.” Downstream project pipelines are the key revenue and earning driver for solar …
Will Rooftop Solar Stand the Test of Time?
Mon, 13 Jan 2014 16:18:34 GMT
Motley Fool – SolarCity and SunPower should be worried about the cracks that are starting to appear in net-metering programs.
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