After the close, First Solar (FSLR: sentiment, chart, options) reported a third-quarter profit of $99.3 million, or $1.20 per share. Revenue arrived at $348.7 million. Analysts were expecting earnings of $1.02 per share on revenue of $340.93 million. In electronic trading, FSLR is up about 2.8% following the announcement.

Earlier in the day, the company announced that it was entering the U.S. residential market with a 5-year deal to supply 100 megawatts of solar panels to installer SolarCity. FSLR is also taking a minority stake in the company with a $25-million equity investment.

Technically speaking, the stock could find overhead resistance at its declining 10-day and 20-day moving averages in tomorrow's trading. The shares have not bested this duo on a daily closing basis since September 19.