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Is FSLR signaling selling opportunity? Fell Below 50 Day Moving Average shows up after dropping 3.97%
On Friday, June 26th, FSLR moved down 3.97% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 234.28, 229.81 & 222.61, with resistance at 245.95, 253.15 & 257.62. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of FSLR: D
There’s more where that came from. See all of today’s signals for FSLR here.
Read full article here »