Here we are looking at FSLR on the Daily TF…
As you can see, FSLR is currently trading within the expanding channel to the upside. Currently, it’s in the middle of a powerful move of support to the upside. IF FSLR wants to continue its move to the upside, I would expect for it to find resistance at the upwards sloping line, which currently lays at about $248.
Prior to this move up, FSLR had attempted a breakdown of this structure, but powered through. This is a great example of why confirmation signals are so important in trading!
I will continue to monitor this structure, and provide timely updates as I see fit.
Cheers!
As you can see, FSLR is currently trading within the expanding channel to the upside. Currently, it’s in the middle of a powerful move of support to the upside. IF FSLR wants to continue its move to the upside, I would expect for it to find resistance at the upwards sloping line, which currently lays at about $248.
Prior to this move up, FSLR had attempted a breakdown of this structure, but powered through. This is a great example of why confirmation signals are so important in trading!
I will continue to monitor this structure, and provide timely updates as I see fit.
Cheers!
Get trade alerts with exact entries and exits + daily videos with deep dive technical analysis on stocks, crypto, commodities and options. Find these at VerifiedInvesting.com
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Get trade alerts with exact entries and exits + daily videos with deep dive technical analysis on stocks, crypto, commodities and options. Find these at VerifiedInvesting.com
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。