the FSLR active long is trading up about 14% above it’s closing price in the AH session following it’s earning release. the first target (T1) remains 21.00 on both the 4 hour and 2-day period time frame charts previously posted. FSLR has traded as high as 17.77 so far, which is a 30% gain from the posted entry price on the current long trade. therefore, make sure to have your sell limit orders in place at which ever target(s) you are shooting for on this trade. i’ve mentioned before how i often set my sell limit orders to be filled outside regular trading hours during earnings season, as this increases the odds of exiting my position at my profit target(s) on some of the erratic price swings that we often see in the AH or pre-market sessions immediately following a companies earnings release. 1 minute chart shown, i will update the regular charts tomorrow.
