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(FSLR) How to Make Money Trading Stocks Target $195.00

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Uploaded by on Dec 21, 2008

Chart: 7-1-2009 http://twitpic.com/abs7z

Conference Center: http://mojo.omnovia.com
The Crash Course [Peak Oil)
http://www.anglofareast.com/crash_course.php?chapter=17a

First Solar, Inc. Support $133.55
Solarfun Power holdings Co., Ltd. Support $3.31
Renesola LTD Support $3.46
Support = (Market Direction = (Pivot + Pivot + Pivot / 3)

Prediction Period 12/17/2008 to 1-20-2009 Trade with Mojo -- Live (Registration)

Fair Value (FV) today: 1-8-2009
GOOG $322.01
RIMM $46.41
AAPL $96.23
FSLR $136.46
SOLF $6.09
DRYS $14.53
X $38.18
GG $24.74
AUY 5.75
GLD $78.39

For shorts:

1. Identify downtrend divergence at the pivot point, either R1, R2 or R3 (most common at R1).
2. When price declines back below the reference point (it could be the pivot point, R1, R2, R3), initiate a short position with a stop at the recent swing high.
3. Place a limit (take profit) order at the next level. If you sold at R2, your first target would be R1. In this case, former resistance becomes support and vice versa.
4. Once under the Fair Value (FV) line (gold color line on my charts) add to your short and over would be a place to cover your short.

For longs:

1. Identify uptrend divergence at the pivot point, either S1, S2 or S3 (most common at S1).
2. When price rallies back above the reference point (it could be the pivot point, S1, S2, S3), initiate a long position with a stop at the recent swing low.
3. Place a limit (take profit) order at the next level (if you bought at S2, your first target would be S1 ... former support becomes resistance and vice versa).
4. The FV line will be resistance and a place to take gain going up to it. Once over the line use it for a stop loss and support. Going under the FV take gains and hold for the next uptrend divergence at the pivot point or S1.

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Uploader Comments (Tradewithmojo)

  • 50% Fib line $170.25 ... under it take gain and sell. Nice run from $100.00

  • New chart on Twitter...

    Tradewithmojo

  • Three words may be the key to keeping your house out of foreclosure what are they? Produce the noteproduce the noteproduce the note. These three words can keep the bank from taking your home and keep you off the street. It worked for one woman and others trying out this same strategy.

  • FSLR at the top of the trend line $151.91...

  • With the economy going down the drain and people losing their jobs left and right, there has to be a better way. I mean who doesn't want to make more money these days?

    The content in this video is incredible! These are the same techniques I use to generate a recession proof income. Keep up the great work, and I can't wait to watch your future videos.

  • TheatricalMarketer,

    Thank you.......more will be coming soon.

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All Comments (1)

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  • Citi downgrades First Solar, Inc. (Nasdaq: FSLR) from Buy to Hold.  Price target lowered from $205 to $170.

  • (5 days ago)

    FSLR over the trend line.

    $164-$195 Target

  • FSLR up 11%

    SOL up 12%

    TBT up 7%

  • Target for TBT about $55.00

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