#Sunpower the price went downwards crossing 50day MA under 200days MA on weekly chart in May,2016. Now after four years of downward trend it is breaking upwards 50d MA crossing 200d MA. With the new hype of sustainable energy and Tesla. The price may go higher. *** Just sharing my opinion, not an investment advice. #SolarEnergy
Stay patient. Might even go lower if the markets continue to tank.
SPWR - For entertainment and trending. I own shares of this company. Check out the trending on my other ideas.
SPWR is off to a strong start in 2019, up 25% already. We just received the buy signal from the Megalodon! The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes!
Ran monthly model of SPWR and output suggested SPWR will hit optimal buy point in Q2 2020
- 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.
The trend is clear as well as undervaluation.