Does it bridge its 6months resistant line or does it turn back to its low days?
SunPower Corporation has been taking a heavy beating for a while but has finally come to an area of value for me. If price holds support we could see a reversal here. - Factor Four
Sunpower has two ways, to defeat 20, 50, 100, 200 ema in one year chart and breakout up from red channel or down to support area. Strong correction was made (price is at 0,618 fibonacci level), green energy has a bright future, so I think it is time up.
In the start of 2021 year SunPower complete 5th local wave of 1st new cycle wave and now going to 2nd correction wave for some time. The good news that sun power industry starts new cycle in the past year and soon we will have good levels to enter. Just publishing support zones for this instrument. Main support will appear from 0.238 to 0.382 fibb levels. The...
🟢 $SPWR Target 39.67 for 37.12% (Risk Level - Med) Or double position at - 18.19 This one hit this morning for average down. ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are places that are a good idea to add if you can. Numbers...
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SPWR closed on Friday with a bullish hammer candle right on its 50day EMA. Consolidating in a symmetrical triangle at the moment, nearing the overbought range but buyer volume is clearly picking up relative to seller volume. Has resistance at the $30.75 level that it has rejected twice now. Will be watching closely for a breakout at the end of this triangle,...
Clean Energy is likely to be a high growth sector soon. $SPWR has broken out of the .236 fib level and now seems to be bouncing off of that level. Good Luck!
SunPower looks to be forming a nice cup with handle. The Solar stocks were coming on strong after a big pullback. This one is building out the right side of the chart in a constructive manner. They beat earnings with about a 75% earnings surprise. I have this on my watch list and I'll likely go long on a break of the handle downtrend. I am also long $RUN so I like...
SunPower Corp: Take 1/2 Profits For +9.8%. Let the rest run and reduce closer to target range (32.00/33.00).
confirmed uptrend for NASDAQ:SPWR will continue to buy on next dip.
Early stages of a potential push higher as it moves out of a tight range. - 8 21 50 EMA's being regained - MACD shift to bullish regime - RSI strong but not overbought Current: 27.14 Buy range: 26.50-27.10 Stop: 24.60 Target Range: 32.00-33.00
This one is still fairly close to it's most recent bottom and there will most likely be a lot of resistance overhead. Today it is still close to C and a possible stop can be placed under C. There will be folks overhead who bought at higher prices in the clouds who will most likely sell with every rally to relieve financial pain they have been experiencing while...
This had big volume today, i think it gets tp1 here in near future, watch 22-24 area on retest of zone or 618% on pullback for entry. app.koyfin.com
At bottom of phycological segment of market. Expect a move up here slowly, focusing on a hold of this bullish falling wedge. We have a broken formation and clean retest in confluence with the 50-61.8 of this price level. Engulf on the weekly. Slowly but surely, Biden's Infrastructure plan will greatly affect this solar power company who provides services of...