Wednesday, June 3, 2009

Will First Solar Close the April 30 Chart Gap? (FSLR)

Yes. IF it closes below approximately $176.25. When earnings were announced April 30 the stock jumped from the 4-29 close, $151.67 to open at $175, closing at $187.29.
In the past month the stock has had intraday lows of $176.36, $176.84, $176,87 and $176.26 on May 26. Here's the chart from BigCharts: