Sunworks suffered a lot already, and the stock almost in the graveyard. I am following it a while, was a nice short on the way down. Finally posted a tiny bit more positive earnings compared to expectation.
Meanwhile a falling wedge formation created. Also moving in a big downward channel. There are two scenarios for counting the waves, one scenario suggests,...
NASDAQ:SUNW Cup and Handle breakout with HUGE volume bar in the weekly TF 🔥
Can triple easily imo📈
See my previous idea. Spotted this bullish move when it was sub $1 💰
RUN is benefiting from the federal incentives policies. As shown on the chart
Price has risen 48% since the earnings report which was quite favorable.
It is consistently above the Ichimoku cloud and is now in a consolidation.
I see this as a good swing-long setup with the stop loss under the cloud
or instead wait for a pullback. The target would be $37 at the...
Sunworks, Inc., through its subsidiaries, provides photovoltaic and battery based power and storage systems for the agricultural, commercial, industrial, public works, and residential markets in the United States. It also designs, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential projects to multi megawatt systems...
Sunworks, Inc., through its subsidiaries, provides photovoltaic and battery based power and storage systems for the agricultural, commercial, industrial, public works, and residential markets in the United States. It also designs, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential projects to multi megawatt systems...
Sunworks, SUNW, is expected to post quarterly loss of $0.21 per share, a year-over-year change of +25%, while revenues are expected to be $29.5 million, up 243.8% from the last year quarter.
Sunworks provides photovoltaic based power systems for the agricultural, commercial, industrial, public works, and residential markets in California, Massachusetts, Nevada,...
Sunworks, Inc., through its subsidiaries, provides photovoltaic based power systems for the agricultural, commercial, industrial, public works, and residential markets in California, Massachusetts, Nevada, Oregon, New Jersey, and Hawaii. The company also designs, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential...
NASDAQ:SUNW daily chart broke through the trend line today after several months of basing around the 200 EMA .
I would initiate a long trade above today's high at $10.71
Place the stop loss under the June 21st local low at $8.79
The eventual profit target is the ATH at $29.37 which gives a risk/reward ratio of 9.72!
$SUNW Target 20.91 for 38.2%
Or next add level is at 9.35
I added here today, however this did get rejected at the EMA so I might be adding again at 9.35… let’s see what happens… every average down brings more profit and the target closer.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to...
$SUNW Target 21.37 for 37.08%
Or next add level is at 10.47
I didn't add here today... just Targeting... GL
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.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well...
$SUNW Target 21.37 for 37.08%
Or next add level is at 10.47
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. ...
$SUNW Target 21.37 for 37.08%
Or next add at 10.47
I am not your financial advisor. My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk.
GL
After dropping from 29 to 8.5, SUNW is making up ground fast and pointing to making a local bottom. We love the RSI and MACD turning up on daily and 4 hour time frames and think a break of over 29 is coming soon.
We are now back at its massive support level/past major resistances. Arrows show the resistance. Could see a huge reversal here.
I am not a financial advisor. This is not financial advice.
