First Solar's most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $52.50 short put and a strike $47.00 long put offers a potential 37.5% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $47.00 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 66.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for First Solar
3 Things to Look for in First Solar's Q4 Earnings Report
Sun, 23 Feb 2014 15:17:56 GMT
Motley Fool – Is First Solar shining bright, or is the sun setting on this industry leader?
A Recap of Solar Energy Stocks This Week
Sat, 22 Feb 2014 19:17:56 GMT
Motley Fool – Earnings season continues this week, and First Solar makes steps toward residential solar.
SolarCity Leads 3 Zombie Apocalypse Earnings Reports
Sat, 22 Feb 2014 13:02:00 GMT
Sun Shines On First Solar's Balance Sheet
Sat, 22 Feb 2014 02:10:11 GMT
Seeking Alpha – First Solar ( FSLR ) is on the calendar to report fourth quarter 2013 financial results the last week in February. Understandably, most investors will be focused on sales and earnings. However, First Solar …
FIRST SOLAR, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Fri, 21 Feb 2014 17:41:10 GMT
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