Solar-Sector Technicals Heat Up

 | Feb 21, 2017 01:52PM ET

First Solar (NASDAQ:FSLR)) releases earnings after Tuesday's U.S. close and if my intermediate-term technical setup is correct, traders will respond favorably to whatever the company reports.

In fact I expect FSLR to react positively and embark on a powerful advance that challenges its next heavy resistance zone between 44.75 and 50.