First Solar (FSLR) Crossed Above the 20-Day Moving Average: What That Means for Investors

Core Viewpoint - First Solar (FSLR) shows potential as a stock pick due to its recent technical performance and positive earnings estimate revisions [1][4]. Technical Analysis - FSLR has surpassed the 20-day moving average, indicating a short-term bullish trend [1][2]. - The stock has increased by 13.7% over the past four weeks, reflecting positive momentum [4]. Earnings Estimates - There have been 10 upward revisions for FSLR's earnings estimates for the current fiscal year, with no downward revisions, suggesting strong investor confidence [4][5]. - The consensus earnings estimate has also increased, further supporting the bullish outlook for the stock [4]. Investment Consideration - Given the positive technical indicators and favorable earnings revisions, FSLR may present a good opportunity for investors seeking potential gains in the near future [5].