- The stock has been trading in a trading range for a good.
- A break out of the range might be followed by a gap.
- Longer and higher than the second target at $21.5 might be added later after the breakout.
SPWR is off to a strong start in 2019, up 25% already. We just received the buy signal from the Megalodon!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes!
I am interested in entering a swing trade (long) on SPWR. What I would like it to do now that it has broke out above $9.37, is to at some point retest the $9.37 level and bounce before I enter a position.
SunPower Corporation (NASDAQ:SPWR) has sold off all quarter, all month, all week, all day until now it is seeing some slowing... The stock just put in a bottoming tail on the intra-day 10 minute chart, a technical reversal signal which says upside is coming. The stock should be putting in a major bottom on the daily chart as well, based on key supports and...