Shares of First Solar (FSLR) are runnning higher in pre-market trading. The company announced two solar project deals with Southern California Edison. With shares up 4% to $288 in pre-open trade, investors can expect addition gains in the regular session.

In six of the most recent major pre-market price moves we've followed over the last year, FSLR has seen its morning move widen in the same direction in five follow-on regular sessions. In other words, the stock tends to extend it's move in the same direction in the regular session following a pre-market gain.

Most of the extended-hours activity in this stock tends to result from an analyst rating change. Here is a look back at some history which tells a pretty good story.

6/23/08 Pre-Market: gain to 274.90; 6/23/08 Regular Session: +7.3% at 288 - Lehman Bros. raised price target.

5/9/08 Pre-Market: +2.5% at 282.70; 5/9/08 Regular Session: +3.2% at 284.50 - Citigroup starts coverage with a Buy rating.

12/17/07 Pre-Market: +1.3%; 12/17/07 Regular Session: +2% - UBS starts with new Buy rating.

8/20/07 Pre-Market: +4.4%; 8/20/07 Regular Session: +9.9% - Deutsche Bank upgrades to Buy from Hold.

8/16/07 Pre-Market: up fractionally; 8/16/07 Regular Session: -8.3% - Lazard upgrade to Buy.

7/10/07 Pre-Market: -1.9%; 7/10/07 Regular Session: -3.5% - Lazard Capital downgrade to Hold from Buy.

Still room to rise for pre-market traders looking for a trading opportunity. Memebers should login to access the real-time feed to get this information sooner in the future.