Yesterday, both Kaufman Bros and FBR Capital issued negative reports on First Solar (FSLR), but the stock didn’t budge as it held above the $120 level.  That kind of resilience typically sets up at least some short term strength which is why I have initiated a swing trade around the $123 level.  My stop point is just below the $120 level. 

Here are the analyst comments from yesterday… (hat tip to StreetInsider.com for the analyst … Read the rest