Sunday, March 09, 2008

Mar8 weekly chart reading: FSLR



Weekly chart:
  • The long term trend line is valid. So it is still bullish.
  • The triangle pattern means continuation, so in the intermediate term it is bullish too. Let's wait and see the breakout.
Daily chart:
  • The up trend in still there.
  • After the triangle pattern is broken out, FSLR will likely go up.

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