Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

FSLR: Not Quite Ready For Liftoff

|Includes:First Solar, Inc. (FSLR)

FSLR is not quite ready for liftoff yet. The messy sideways action of recent are the big traders trying to confuse others. 50-45 is still the target, but price is taking its time getting there for sure. When it does break to the downside it will probably be strong in the decline. Here is my FSLR Chart.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: FSLR