First solar seeing upside to continue

FSLR has broken out of the ascending triangle with strong bullish bar and volume. On top of that, the stock has broken out of the downtrend line and this signal the end of its corrective downside.

MACD has confirmed the upside momentum after both the signal/MACD line and histogram is above the zero line. Stochastic oscillator has been rising steadily, together with the 23-period ROC. Long-term target 350.00