First Solar’s most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 24.38% 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 $57.50 by expiration. The full premium credit of $0.98 would be kept by the premium seller. The risk of $4.02 would be incurred if the stock dropped below the $52.50 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 73.74 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for First Solar
ETFs with exposure to First Solar, Inc. : November 13, 2017
Mon, 13 Nov 2017 17:22:58 +0000
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to First Solar, Inc. Here are 5 ETFs with the largest exposure to FSLR-US. Comparing the performance and risk of First Solar, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker … Read more
3 Stocks the Smartest Investors Are Buying Right Now
Sun, 12 Nov 2017 13:04:00 +0000
If you want a not-so-conventional investment today that could pay off down the road, take a look at Cheniere Energy Partners, First Solar, and Kraft Heinz.
Short Interest in Solar, Alt Energy Stocks Still Searching for Direction
Fri, 10 Nov 2017 12:35:33 +0000
Short interest in solar and alternative energy stocks remained mixed in the two-week reporting period ended October 31. Of the seven stocks we watch, three saw an increase and four a decrease in short …
Is First Solar About to Go Into Growth Mode?
Thu, 09 Nov 2017 12:31:00 +0000
The rapid pace of bookings would indicate that First Solar should expand its manufacturing capacity, but that may not be a good idea yet.
What’s in Store for Canadian Solar (CSIQ) in Q3 Earnings?
Tue, 07 Nov 2017 12:53:12 +0000
Canadian Solar’s (CSIQ) third-quarter 2017 results are expected to be affected by lower average selling prices.
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