Matt Dye's  Instablog

Matt Dye
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Matt Dye founded to help show traders how to build a business around their trading, and to take control of their financial futures. Matt has been providing advice and financial market consulting to institutional and retail clients since 2005. Before entering the trading... More
My company:
A Business With Trading
My blog:
  • FSLR: A Buy Going Into Next Week 0 comments
    Aug 31, 2013 1:52 PM | about stocks: FSLR

    I talked about FSLR early last month, and discussed a large run that I expected. It turned out the move that I got into was corrective, and led into a larger decline. This decline has brought us into another potential bottom. FSLR looks like it wants one more low here. I have strong support at 35.5-36 below current levels. This stock has the potential for 70-85 in less than a year, so I would say it is definitely worth the buy. Here is my chart.

    Disclosure: I am long FSLR.

    Stocks: FSLR
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