By: Scott Mason Tradalyticslive.com has launched a code red alert for First Solar (FSLR). The technical layout has formed a 4 month long descending channel. Sitting on the bottom of the channel has created a nice support area providing a healthy risk vs. reward scenario for a move high. Our initial buy trigger is above 54.50 adding more above 55.22 for a trade up to 1st target near 60.00….
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