First Solar Chart analysis

• FSLR Daily chart shows price trying to seek support at previous resistance level.
• Sustaining above previous resistance level may lead to a partial fading of the GAP Price may move back towards the broken support line or 29.49 area.
• Weekly closing below 20 Week SMA will favor bears to extend the fall. Last week candle is a PIN BAR Reversal candle which will gain strength on price closing below 20 Week SMA.
• S&P 500 ANALYSIS AFTER CLOSING BELL

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