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First Solar Breaks Ascending Triangle Resistance

Arthur Hill

Arthur Hill

Chief Technical Strategist, TrendInvestorPro.com

First Solar (FSLR) is leading solar stocks with an ascending triangle breakout on expanding volume. As a bullish continuation pattern, the breakout signals a continuation of the prior advance and targets a move to the low 30s.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More