FSLR is Primed for an Explosion 07/06/13

Saturday, July 6th, 2013 Stock Trade Setups

First Solar has pushed up in a corrective manner into a larger resistance region. I am looking for a move back down into the white line around 44-43.40. My prediction is 60+ by September once we get confirmed support. I would think we begin to sell down into the support area by Tuesday or Wednesday, and take no longer than a few weeks to find it. I love trading this company, and will be keeping a keen eye out for any signals.

Entreprenuer, Trader and Philanthropist

Matt Dye, Founder of ABusinessWithTrading, is a professional trader who specializes in trading price action. His mission is to empower traders through education, and every month attracts readers across 50+ countries. To discover more about Matt’s Price Action Strategies, visit his Trading Courses page.