First Solar, Inc. (fslr) Maybe Elon Musk Is Right About Solar Power?

Discussion in 'Investment Charts' started by Chartman, Oct 30, 2017.

  1. Chartman

    Chartman Senior Investor

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  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I sold the last of my shares on Friday's big jump. Will probably start buying back in when it cools off.
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Elon Musk does not get much wrong in the long term :)
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    Once the solar power industry is self financing - i.e. no government grants - that will be the point when more investors become interested. Investing now, although I think it is worth monitoring, adds the additional risk that government funding for the industry could be reduced or pulled altogether in the future and often at short notice.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    I don't think there is a risk about funding as governments around the world have committed to massive emission reductions targets and now they cant afford to take their foot off the gas (no pun intended lol).
     
  6. Chartman

    Chartman Senior Investor

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    Looks like investors are not seeing much risk with this one - broken throught the trend line.
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    Looks to me as though this one is consolidating ahead of another push into unchartered territory?
     
  8. Chartman

    Chartman Senior Investor

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    This share price is challenging the next resistance line - looks like it is headed to higher ground in my view. Is solar power the future?
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    Looks like this one may be heading to new highs?
     
  10. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Have bought back in lightly in recent weeks. Currently holding 20 shares at $56.19.
     
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