TTM Squeeze Alert: FSLR Primed for Big Move at $269.69
NeutralFirst Solar Inc (FSLR) closed down 0.93% at $269.69 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($267.82) with a bullish stack. The 21-day EMA at $264.33 provides support.
Momentum
RSI at 55.6 is in neutral territory but trending lower. MACD is bullish (4.37 vs signal 3.55).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.