Tag: IRA

  • Oversold Shares of First Solar Starting to Bounce Back

    Oversold Shares of First Solar Starting to Bounce Back

    Keep an eye on First Solar (FSLR). After crumbling to $170.42, the solar stock appears to have caught strong support dating back to May. It’s also over-extended on RSI, MACD, and Williams’ %R. From its current price, we’d like to see it retest at $220 again shortly. Helping, analysts at BMO Capital recently upgraded the…

  • First Solar Exploding Higher, as Hoped

    First Solar Exploding Higher, as Hoped

    On Jan. 10, we noted that shares of First Solar (FSLR) could push higher. At the time, FSLR traded around $160.  Today, it’s up to $183.50 – and running. For one, Goldman Sachs recently noted the Inflation Reduction Act (IRA) is one of the “most meaningful policy developments for the US solar and energy storage…

  • The Top Reasons to Invest in First Solar

    The Top Reasons to Invest in First Solar

    Investors may want to keep an eye on First Solar (FSLR). At the moment, it’s one of the only stocks not getting hammered on the day.  Up about 65 cents on a volume spike to 5.4 million shares, as compared to daily average volume of 2.17 million shares, the stock could see brighter days ahead.…