Solar Stock Bounces off $200 Support Level

I believe First Solar's upward trend could continue this week as more bias gets worked in ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

I believe First Solar's upward trend could continue this week as more bias gets worked in. Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Renewable energy plays rank among our top watchlist sectors in 2024. And just last week in The War Room... I noticed a consistent trend on one specific renewable energy stock. The company I'm looking at is First Solar (FSLR). You see… FSLR had been dropping down to the $200 level early in the month. And based on my research, that $200 level has held up as support for the stock.Because of this, I had FSLR on my watchlist as a potential bounce back candidate. Because of this, I had FSLR on my watchlist as a potential bounce back candidate. And on Friday, that bounce hit perfectly. As you'll see in the chart above, FSLR started bouncing up late last week right near that $200-205 level. Then there was a small consolidation phase followed by another move up. This is an excellent example of using support trends to your advantage when trading. Now FSLR is in a spot where they could be more upside ahead. NEW RESEARCH: AI Trading Tool "S.A.M." Could Have Found Profitable Trades With as Much as an 82% Win Rate (Over 5 Years)! 5-year backtest shows that a revolutionary new AI-powered scanner developed by legendary trader Nate Bear could have found as many as 7,286 profitable plays (an average of 5 per day). See why traders who have early access can't stop raving about how powerful this new tool is. See the LIVE demo here... >> Click to See the Demo << Action Plan: With First Solar showing an upward move, I believe it could continue this week as more bias gets worked in. This is the type of trade setup I look for all the time in The War Room. And If you want more setups like these, there's another FREE event going on this week I want to tell you about. My colleague Nate Bear is hosting his first-ever "AI Power Blitz" on Thursday, Oct. 17 at 2 p.m. EST. Here you'll be able to watch Nate LIVE as uses his AI-powered scanner tool, S.A.M., to find more explosive trade setups. It's all happening LIVE and FREE in the Monument Traders Alliance LIVE chat room. Click below to add the event to your calendar. Add event to calendar The 'Law and Order' Portfolio: Trump Stocks Set to Surge Source: Wikimedia Commons These defense and security stocks could EXPLODE during Trump's Second Stockwave... Thanks to a special plan outlined in Trump's "Document 20" that aims to secure our border and make America safer. Click here to see details on what stocks could soar. Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.