Bull Flag Forming On $FSLR & What It Means On The Charts:

First Solar (FSLR) has a beautiful bull flag formation on the daily chart. This pattern has a high probability of upside to the 50 and 200 daily moving averages. That would be a price jump of over 10%. This pattern should play out soon, likely in the next week or two. This is a pattern I have traded for years now with good success, nothing at all is 100% in this game, but I like this one!

Note the chart below...

Bull Flag Forming On $FSLR & What It Means On The Charts: