FSLR broke above its descending trendline in May, a move that signaled a potential shift in momentum.
More recently, a golden cross formed between the 50-day and 200-day SMAs, reinforcing the improving technical structure. I also highlighted a prior golden cross that was followed by a sharp rally, showing this signal has had impact before.
With structure turning more constructive, I expect price may continue advancing toward the order block between 264–270 USD.
🎯 Conclusion: I anticipate FSLR could progress into the 264–270 USD zone. This view is based on technical signals, but market outcomes remain uncertain and cannot be guaranteed.
More recently, a golden cross formed between the 50-day and 200-day SMAs, reinforcing the improving technical structure. I also highlighted a prior golden cross that was followed by a sharp rally, showing this signal has had impact before.
With structure turning more constructive, I expect price may continue advancing toward the order block between 264–270 USD.
🎯 Conclusion: I anticipate FSLR could progress into the 264–270 USD zone. This view is based on technical signals, but market outcomes remain uncertain and cannot be guaranteed.
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