There was a few folks that were looking for entries on FSLR. With the premarket gap down, what is a good entry point and has anything other than FSLRs price changed? Looks like it is gapping down 10 pnts right now.
FSLR
Started by
hedgehawk
, Aug 01 2007 07:05 AM
2 replies to this topic
#2
hiker
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- TT Member*
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independent trader
Posted 01 August 2007 - 08:25 AM
the July 5 and 6th gap was filled in last night After hours..so some may trade counting on this gap fill, but a careful trader may watch for that fill also in the regular session. I posted this gap fill elsewhere last night.
FSLR is a fast mover full of surprises..yes, I read the CC summary...do fundy's matter more to you than price action?'
anyway, a gap fill setup that actually holds up as a trade setup may work...but I am not personally counting on it...just taking scalps both ways...had a fortunate fill or two last night on it that I closed out last night
btw, a move above the horizontal near 107+ may be required for a sustained advance to follow
next horiz at 110.47
Edited by hiker, 01 August 2007 - 08:34 AM.
#3
ogm
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Posted 01 August 2007 - 09:23 AM
Bought back my 120 calls for 4 point profit, sold 110 calls instead.
Fundamentaly I think FSLR is a powerhouse, but the stock is pricey. So it may be up and down for a while.
Good premiums though.
picked up some AKAM in 32's. Man, did these guys get punished for not raising guidance.
