It finally seems as the major wave 4 triangle has come to an end and wave 5 higher towards 1.100 could be developing. A rally towards 1.100 will end wave c of B of a major flat correction, which has been developing since the start of 2001 (see the chart below).
It looks like the FSLR chart is finally following through.
ReplyDeleteHi Todd,
DeleteI agree, it looks at it finally has gotten some air under its wings.
The next resistances is at 74.77 and at 85.23
Kind regards
EWS