Verified Investing on $FSLR (Nov 4, 2026)

Now look at this chart on FSLR. This is on the weekly time frame. Prior to this week, we were in a nasty bare flag pattern on the weekly looking like we were about to go lower.

In fact, I was ready. I was sitting with alerts ready on this inclining trend line with a pivot to pivot. This would have been the third hit with 786 fib retrace.

Today we're not getting that price action. Instead, with the Democrats winning as big as they did, FSLR is pushing straight up on the chart. Now, where's the destination for this rally?

Now, keep in mind, too, this is now a failed move. We had a bare flag that was supposed to develop and push price lower. Now, we have a failed move, which is catching investors offguard, shooting the price up much faster, which means it can go up even higher, too.

You have some of the biggest moves from failed moves.

So, what I'm looking at with FSLR is a larger inclining parallel channel that price broke down from earlier this year just in September. Now, price action, as you see, is breaking this bare flag pattern and coming right back up to the bottom of this parallel channel.

That's where I see FSLR in the near to medium-term can be putting in a run up here to $225.

I go through this nearly daily in uh trading the close, a breakdown, retrace, and then fade play. But that's what's shaping up right now on the chart of FSLR with near-term resistance coming in at 225.