Have I ever mentioned that politics is at least as important to understanding these things as revenue and earnings and book value?*
From Investopedia, September 12:
Watch These First Solar Price Levels After Stock's 15% Post-Debate Surge
- First Solar shares jumped 15% on Wednesday, leading a broader rally for clean energy stocks, amid investor optimism about the sector in the wake of the previous night's presidential debate between Kamala Harris and Donald Trump.
- Wednesday’s jump from a saucer pattern's neckline occurred on the highest share turnover since late June and saw the price close above the closely-watched 50-day moving average, indicating conviction behind the buying.
- Investors should watch important overhead price levels at $235, $265, and $300, while monitoring key support around $215 during retracements.
....MUCH MORE
$238.22 last, down $1.62 (-0.68%)
Our Hero
"The honest politician is one who
when he is bought, will stay bought."
—Most recently in September 10's "Trump vows to pull back climate law’s unspent dollars" and "Biden's race to spend billions of climate bucks"
And a few hundred times before that.
Possibly also of interest: "Poster Child for Subsidies ($10 billion) First Solar, Inc.Being Looked At For Ties, Donations to Biden Administration"
