Sunday, September 26, 2010

Update on FSLR


In my opinion FSLR is showing some kind of fake out break out to put some bullson trap, but I know how to deal with big boys while they are trying to show fake actions. Last time I said break of 150 is very significant and while we are approching this importan level you see volume is shrinking that is telling me that stock has to show a fake break and then come back down to make a base and then explode higher toward 250.


So as you see in my chart the important yellow resistence was broken so easy and that means to me a fake action from big boys. So I am looking for a small spside toward 150 and then huge drop below 140, that break below 140 also will be afake break and then I am looking for a exlosiv rally toward 250. VERY STRONG


So what i am going to do is to just watch big boys and see if these prediction is going accrding to my plan that Iexplained and then I am going to jump in.


SWBB

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