Technical Analysis
Sunworks Inc. (NASDAQ: NASDAQ:SUNW ) indicated a Bullish Reversal yesterday, marking its 1 Month high yesterday at $0.4667.
NASDAQ:SUNW could touched a new Resistance or retest the Support zone which will potentially affect the stocks future growth.
Fundamental Analysis
Institutional investors have recently modified their holdings of 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!
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.
Sunworks, Inc., formerly Solar3D, Inc., provides photo voltaic (PV) based power systems for the residential, commercial and agricultural markets in California and Nevada. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi...
