This solar stock looks like it might be setting up for a rebound. After a pretty relentless 32% pullback, similar to what we saw with other beaten-down names like $Oracle(ORCL)$ , it's now approaching an area where buyers could start stepping in.
The price is testing some minor support and could be forming a potential double-bottom setup. The big question is whether bulls can defend this zone and trigger a momentum reversal.
A short-term 10-15% bounce wouldn't be surprising if volume returns and sentiment improves. I'm watching $First Solar(FSLR)$ closely for a possible turnaround setup.
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