Tuesday, July 31, 2007
Swimming in a Sinking Market: FSLR
FSLR is one of those stocks that handled last week's dust up quite well, and is approaching all-time highs. I considered entry today, but volume was a little light for a higher percentage price move. I do think FSLR will continue to rise, and may consider entry in the near future.
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3 comments:
Yeah FSLR is a toughie --- with earnings coming out, it will either surge or sink.....is a tempting directional option play, but too costly for a neutral option play.
it is now at 100 - off earnings
It closed at $112, which still puts it well within it's breakout range. As I stated in my post, I won't enter unless we get a breakout of $120.
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