- 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.
Here we can easily see our entry.
The big pullback has happened, from here it should go up again!
Trade with care, this one is not the securest way to go, though!
Good luck and may the price be with you ;-)
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.