Update Dec. 6, 2013
Signal: EXIT LONG (flat)
We waited patiently for the algorithm to give the sell signal, and it did this morning, locking in a gain of 49% on the trade. This algorithm could generate a Short signal in the next day or two – stay tuned.
Update Nov 24, 2013
Signal: Continuing Long Position
FSLR continues to impress since we tweeted it as a favorite, then added it to the subscriber portfolio over 2 months ago. We wouldn’t be lying if we said we have thought about locking in the gains, however the historical trading patterns the algorithm picked up were too strong to ignore, and we shall stay with this trade for as long as the computer say so. Technically, the stock is trading above the 20 day EMA and could be pausing for further gains.
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Sept 19, 2013
Symbol: FSLR (NASDAQ)
Signal: LONG
New LONG signal on FLSR, which has an average analyst price target in the 40-50 range. Profitable trading pattern goes back to 3/09/13.
Related analysis supporting position:
http://seekingalpha.com/article/1701582-why-are-solar-stocks-taking-off
Click image to enlarge