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FSLR On the Verge of An Upside Breakout?
As we speak, First Solar, Inc. (FSLR) is attempting to push up through its Aug-Sept resistance zone at 40.35/40.
If hurdled and sustained, this should trigger upside continuation towards a confrontation with the May-Sept down trendline, now at 44.50.
At this junction, only a failure to break out, followed by a decline that breaks 39.50 will compromise the timing of the expected upside thrust in FSLR.
