FSLR = Double Top + Island Reversal

Heads up all.

This is a great short setup with a technical footprint similar to the chart shared by Alex in his SpikeSpeak this last weekend where he showed a false breakout with a missing right shoulder for a short set up.

FSLR has the potential – with the bad news release today – to gap down below it’s trough and slow EMA and form an island reversal for a quality short play. I plan to let it gap and retrace to the pivot, then short.

Stephen M