FSLR closed @ 211.2
I called this before the closing bell on Wednesday for a one day trade. I also called the RIMM short at 106. Frankly, I like the RIMM short more because we bounced back from oversold territory from a massive decline the day before, and because Thursdays of late have been pretty brutal days for the bulls. There's a reason I call it 'Nasty Thursdays'. Who knows, maybe it's possible to to get a commodities rally and a big decline in everything else. If it happens that way, then this traderdog is truly awesome to the bones. lol
FSLR is very oversold in the short term. It bounced off of the big 200 support on Wednesday, so could take us another 20 point upside to 230. A morning dip could be very good entry. Let's use the 30 Minutes Rule to get us out of trouble, ok?
Most of us are already in around 210-211 at the close.
Free trend analysis of FSLR
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