Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Thursday, November 29, 2012

FIRST SOLAR analysis

Although the alternative energy sector is in an misleading period, this company must by closely watched.
Reason for a rise:
1. support at $20.00
2. the resistance at $22.60 was breached
3. high volumes in the last couple of days


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