SPWR - For entertainment and trending. I own shares of this company. Check out the trending on my other ideas.
target $95 and up, extremely robust business, strong history, continual innovation into new markets - namely Lithium downside risk is broader market selloff, which can move price to $60 and under
$SPWR is due for a rebound and after topping Q3 earnings, we believe the recovery is just starting. After the RSI got just below 30, $SPWR has been oversold and due for a bounce. Key to watch is the 200 dma of $9.20 a share. Here are the highlights from Q3: SunPower (NASDAQ:SPWR): Q3 Non-GAAP EPS of $0.07 beats by $0.05; GAAP EPS of -$0.11 beats by...
Wait for entry around 58-60, but longing on spot right now isn't a terrible entry either target will be $100
target $10 could go as hight as $14
Solar is not baseload energy, however, it is now the cheapest form of electricity.
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!
Ran monthly model of SPWR and output suggested SPWR will hit optimal buy point in Q2 2020
- 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.
Diamond formation, avoid until direction is determined.
SPWR looks like it broke a descending triangle. Also, has multiple bottoms with a gap to fill could see it jump back up to around $11 and is about to positive cross on the MACD indicator.
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.
Looking for Green line to fall with Volume (will start position), scale in on fall of BLue line and Sell at Red Line...
Both Chart and Fundamentals say a test of the bottom of the channel is happening, I still own $8 calls