RiderTrader

First Solar - Breakout

Long
RiderTrader Updated   
NASDAQ:FSLR   First Solar, Inc.
$FSLR

First Solar - nice cup and handle.
Still i will wait for rectangle box breakout
Yesterday good green bar with good volume.
A but above 54.5 high in June.
A good 15 to $ move possible.
A high beta stock.
Falls at same speed as it rises.
Be careful.

One of my personal likes.
Have traded from 20 to 200+ back to 20.

Warning:
Do not get emotionally attacahed top stocks.


Comment:
Ok. Broke out. as usual 10% mover. so booked partial profit
Comment:
Retraced to 55 levels. Which was above first buy. So enter above 60. for a 7 to 8 $ move. SL 55
Comment:
Closed position at 62.5. Fed up.

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