Extreme Trading Inc. extreme-os

FSLR trade

FSLR had been pulling back from its high of 2/18.   For 8 out of the last 9 bars, FSLR had closed lower than its open and had dropped almost 30pt straight from its high.  We entered on 3/3 at around 146.5.  Turned out we were still 6 days early.  FSLR  dipped down as low as 137.1 intraday along with a very weak solar sector.  On 3/14 the nuclear crisis in Japan stirred interest in the solar sector as the alternative energy source.  We got out a day later as we chalked up another very profitable trade.

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