SUNPOWER Possible Breakout on 1M Chart
If you follow my last #analysis from July,2020 about #SUNPOWER Inc. , there was a Golden cross of 21d MA and 50d MA. That was the reason, I was very positive about its uptrend.
Of course, only chart and Golden cross wouldn't be enough for a company to give good ROI for investors. #Sunpower has at the moment a notable amount of long-term and short-term loan.
But, the company has also gained some big companies ( #Toyota,# Macys, #FedEx ) as new partners for #sustainable #greenenergy
If #sunpower breaks the upper channel then the next price target could be around 50$-55$ .
*** Just sharing my own opinion , NOT AN #INVESTMENT #ADVICE.
Of course, only chart and Golden cross wouldn't be enough for a company to give good ROI for investors. #Sunpower has at the moment a notable amount of long-term and short-term loan.
But, the company has also gained some big companies ( #Toyota,# Macys, #FedEx ) as new partners for #sustainable #greenenergy
If #sunpower breaks the upper channel then the next price target could be around 50$-55$ .
*** Just sharing my own opinion , NOT AN #INVESTMENT #ADVICE.
Comment:
The test of the upper resistance is complete , a correction upto 26$ is possible but not mandatory.
