Archive for May 26, 2009

First Solar: Under The Gun

First Solar (FSLR) is getting put to the test this morning, after a FBR Capital downgrade and bearish Barron’s column. The stock gapped above a 6-month basing pattern on heavy volume in April and jumped above the 200-day EMA. The rally stalled at “round number” 200 on May 7th, pulled back and tested the level [...]

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