First Solar (FSLR) Is At An Important Price Level

FSLR most recently topped at $175 and then in the following 5 trading days lost roughly 14%. Now it sits just north of the crucial $150 level, which previously served as resistance and could now become support.  

I am watching this level carefully and should it hold will consider a long-side try. $175 by the way is resistance until proven otherwise.

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