Get started

Sunpower

SunPower good levels comes in this yearIn the start of 2021 year SunPower complete 5th local wave of 1st new cycle wave and now going to 2nd correction wave for some time. The good news that sun power industry starts new cycle in the past year and soon we will have good levels to enter. Just publishing support zones for this instrument. Main support will appear from 0.238 to 0.382 fibb levels. The reason why fibb levels so low is bubble structure of 1st wave and coronavirus crises. Better to split position size to the several enter levels as the price moves down.
SShort
by artgen567
1
🟢 ADDED to $SPWR Target 39.67 for 37.12% (Risk Level - Med)🟢 $SPWR Target 39.67 for 37.12% (Risk Level - Med) Or double position at - 18.19 This one hit this morning for average down. ----- — 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. Numbers with an A are places that are a good idea to add if you can. Numbers with a D are places where you should double your position. I start every position with .5 - 1% of my account and build from there as needed and as possible. 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. I will update targets as needed. GL and happy trading.
SLong
by SPYder_QQQueen_Trading
3
ADDED to $SPWR New Target 42.22 for 22.41% ADDED to $SPWR Target 42.22 for 22.41% Or next add level is at 26.76 I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
SLong
by SPYder_QQQueen_Trading
2
SUNPOWER Possible Breakout on 1M ChartIf you follow my last #analysis from July,2020 about #SUNPOWER Inc. , there was a Golden cross of 21d MA and 50d MA. That was the reason, I was very positive about its uptrend. Of course, only chart and Golden cross wouldn't be enough for a company to give good ROI for investors. #Sunpower has at the moment a notable amount of long-term and short-term loan. But, the company has also gained some big companies ( #Toyota,# Macys, #FedEx ) as new partners for #sustainable #greenenergy If #sunpower breaks the upper channel then the next price target could be around 50$-55$ . *** Just sharing my own opinion , NOT AN #INVESTMENT #ADVICE.
SLong
by crackthechart
3
Sun Power $SPWR to complete Head & Shoulders? LONGSun Power has had a rough go w/ the overall market struggling, but it should be close to reaching a strong support point with previous lows looming. The maroon-circled region represents an area of excellent entry, with the trace down further being somewhat dubious. Patience can be exercised here a little. The corrective wave is happening, but we cannot rule out a trace down to 31/s. That is fully possible. While there's little fault to be found with entering right now (circa 10:30 AM EST), there possibly may open up an even lower buy point. Regardless of whether it does or not, this stock should have no problem ascending back to its previous levels as the market normalizes. A target sell-point can be tenatively scheduled between 41 and 44 per share; with that maybe being a 1/2 exit. For this moment? We find that entry point! BEST OF IT ALL! -BDR
SLong
by BDRTrigger33
2
sunPower Corp. (NASDAQ: SPWR) Short TermSunPower Corp. (NASDAQ: SPWR) has a market cap roughly one-quarter the size of First Solar, but that was by choice and not mismanagement. Where First Solar both builds solar modules and large solar farms, SunPower has chosen instead to develop its marketing and packaging of modules and inverters built by other companies. A partnership with sustainable energy financial services firm Hannon Armstrong called SunStrong Capital created a custom-built finance vehicle for SunPower’s products. The company’s stock closed Monday at $11.48 and has a 52-week range of $4.03 to $15.57. Even though shares trade at around 26% below the 52-week high, they also trade 25% above any upside suggested by the share price. The company pays no dividend, and at the closing price does not project a meaningful multiple to 2021 expected earnings. Src: 247wallst.com
S
by herouxma7000
SPWR Earnings Slightly Better Than Expected: Plotting a Re-entrySun Power spent a solid month between 9.5 and 10.5 per share (The first "idea" of mine was dated July 15th calling for the potential LONG on it). It closed today at 11.5 and then reported earnings which were slightly (decently even) less negative than the projections yielded. That said, its bull run should be somewhat tempered by a negative report even so. A good re-entry point is near the top end of its corrective wave - targetting a 10.5 to 10.7 re-entry. SPWR is trading at its annual high; a recapturing of its former glory at 16+ per share is not inconceivable, though had the earnings report trended closer to a break-even this would be even more of a "must buy." The average cost was 9.51 before a re-positioning (now) which has not really worked out so brilliantly, but a FOMO buy must be avoided and the proper call is to wait for a slight recoil, at least under the previous high-end of the corrective wave sequence seen in the Handle. Thus, we remain bullish, but hardly obnoxiously so -- if I had a TV Show I probably wouldn't be a screaming "BUY NOW" but I would absolutely keep an eye on SPWR the remainder of the trading week with the re-entry points mentioned highlighted as alerts. Thanks.
SLong
by BDRTrigger33
Sun Power to break out from cup/handle? LONG? Let's See TODAYSun Power oscillated between roughly 9.5 and 10.5 per share during a somewhat longer "handle" phase, but it is now breaking out and is 11+ per share. $SPWR reports earnings today (Wed) at market close. It is projected to be -0.36. We will have to wait and see if it swings a positive earnings report, against expectations, which could push SPWR even further - even as it is now at roughly an annual high. This long was called a while back as it started to form the handle of the cup: The breakout could follow this week and in through next-- but that earnings report is C R U C I A L. Obviously it is. Happy Trading! -BDR *See attached ideas for the description of the forming on what could be a final correction wave / formation of cup-handle*
SLong
by BDRTrigger33
Sun Power "Handle;" Sideways trading pattern Could be Great signSun Power $SPWR is forming a long handle following the cup seen previously in my last SPWR post. This corrective pattern now has this trader sitting at 1cent per share below an avg . cost of 9.75. It still remains to be seen if this can go parabolic, make a big run, and break from the cup and handle. As to the certainty it does? It is hardly based on chart harmonics, but mostly on the general bullish trends in the natural energy sector (Simple and similar plans are applied to $FCEL). Stay in tune with Sun Power: The current entrance point of 9.74/share is STRONG. This is still a LONG that probably ends up being beneficial after the handle is formed. It could be a 2-month sideways pattern, even, before the eventual breakout- which cannot be assured of arriving, either. Nevertheless, Happy Trading, And may the odds be forever in your favor! -BDR
SLong
by BDRTrigger33
Sun Power Cup & Handle; Wind-up Now on "Final Correction wave"Sun Power is forming a cup and handle. The corrective action seen was the base - this wind-up is due to set $SPWR to an annual high as it's closing in on it through the first-half of Wednesday's trading session. No defined exit point: This upside could be immense. Further updates to come after it passes 11/share. Currently 10.54 w/ a 6.84% increase on the day. This play is being fulfilled; sorry - no advice on whether this play is "Too late" to enter now due to lack of certainty regarding a top-out. This is mostly a confirmatory signal on the previous post which cited a bullish formation in the corrective wave's triangular shape- that bull run has been realized already today. Happy trading, and congrats to anyone who's followed along since the first $SPWR update: we're in very GREEN TERRITORY, folks. Link Included to 1st $SPWR idea (july 8th). -BDR
SLong
by BDRTrigger33
$SPWR a Strong Long; Great Entrance Point -- BULLISH!With the natural energy sector booming, $SPWR has made a great play thus far. Entering on Monday, it has gained since and looks to still be in for a strong corrective wave. The ultimate potential of this is not fully clear. However, thus far, the entire sector has had a tremendous past month. It is a well-proven company trading much lower than it once did, but with the entrance, both low and cheap, the correction could be **Substantial** Happy trading!! -BDR
SLong
by BDRTrigger33