First Solar Master Level

 | Mar 08, 2012 05:08AM ET

As I stated a week ago, First Solar, Inc. (NASDAQ:FSLR)  would break through the 52 week lows and head far lower. The target price I gave for the move was $24.50. Today, FSLR is trading at $25.75, -1.88 (-6.79%). The master level is nearing. This call has played out beautifully.