I like
FSLR here, I've been buying gradually for the last few days, but looking to also take a shorter term position here. It might be a good spot to buy long term OTM calls, but you can also go long with a tight stop if today we see a new daily high. If you are not positioned and looking for exposure to solar, then a 1-10% long term position built gradually during a few days up to a month would be ideal for you. Long term, the chart implies we could go to $400 without much problems.
A reminder of why solar is so bullish here: greentechmedia.com/articles/read/new-tax-bill-offers-unexpected-benefits-to-commercial-solar-installations
Best of luck,
Ivan Labrie.
A reminder of why solar is so bullish here: greentechmedia.com/articles/read/new-tax-bill-offers-unexpected-benefits-to-commercial-solar-installations
Best of luck,
Ivan Labrie.
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