FSLR swing

I like it above 46.5 and has a good chance to go higher. Should have played it at 40 support, since I was on vacation I could not get in. I also like the weekly formation of this chart.
Only negative is the 20 day moving avg went down the 40 day moving avg which may mean another down swing before it picks up. 40 should hold and any place close to 40 is a good buy.

Moving avg is a lagging indicator so if one big bar up happens, everything turns higher.