FSLR Stock Key Support at the 20 MA

For those looking to get an advantage on reading First Solar’s (FSLR) stock chart, use the 20 day moving average as your key support point moving forward.

Take a look at the chart below of FSLR stock and you can see how it has found support at this moving average over the last several months,

fslr-121807.pngClick to view, click again to zoom

A simple edge on a current market leader.

Further Education

Some articles from the stock education center may help further explain this post. Check out stock charts understanding the basics, volume interpretation with stock charts, understanding moving averages, and for advanced readers three shorting strategies using technical analysis.

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