Tuesday, February 24, 2015

Top Market Timer looks at First Solar

From the desk of Mark Leibovit:

First Solar was a dramatic and powerful example of the Leibovit Volume Reversal (tm) at work.
A VR was posted on the weekly charts back on January 26, accompanied by a confirming 5/3/3/ Stochastic for those of you play the near-term.

On the daily chart, a series (count them - 5) VRs were formed from January 21 forward, the most recent one was formed on February 20.  VRtrader.com Platinum subscribers 'rang the register' on FSLR following the huge upside gap.

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