

Technical Summary: Disappointingly for shareholders of FSLR or believers in the solar boom the stock of FSLR is currently trading below where it was 5 years ago. Despite some ups and downs the stock has largely moved sideways. Zooming into the 1 year chart things look much different with the stock locked in a downtrend. There is potential that the stock has rounded out a bottom after putting in a major low about one month ago. This should mean that it finds its way to a mean reversion watchlist. However more evidence of this bottom will have to be found before it becomes buyable.