Looks like it just complete a cup and handle with retracement
Updated
Taking a broader view of what's going on with SUNW, it looks like it recently complete a cup and handle pattern with the expected gains. And now we're retracing back to earlier supports.
My theory is that the stock will bounce off of the $12.50 support and start it's climb back up. My theory is that it will have a breakout after crossing $23
My theory is that the stock will bounce off of the $12.50 support and start it's climb back up. My theory is that it will have a breakout after crossing $23
Trade active
I added to my portfolio yesterday @~11.50
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!
Good luck and I'm always interested in what you think.
Good luck and I'm always interested in what you think.
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