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SUNW

Sunworks correction/turnaround soon? ABC, potential to 2.70Sunworks suffered a lot already, and the stock almost in the graveyard. I am following it a while, was a nice short on the way down. Finally posted a tiny bit more positive earnings compared to expectation. Meanwhile a falling wedge formation created. Also moving in a big downward channel. There are two scenarios for counting the waves, one scenario suggests, that the wave 5 down could be finished (1.618 extension was put in a few days ago), and we are up for at least an A-B-C upside correction. Possibly (but not guaranteed) we just starting to put in the Wave "A", so far. Consodilation in a smaller channel happening, with one breakout to the top,which could fall back. Important thing in order to have this idea a basis, is not to put in a new low (0.7252), and not to stay below comfortably 0.78. If that happens, then I need to assume new lows are coming. It is possible, that this 0.78 level will be retested, I am following SUNW's actions now more closely. On the daily, RSI is started to come up a bit, trying to leave the oversold levels. MACD coming up, a little bit week still. The 9/15 SMA's starting to turn updwards, currently being a possible support. 21day EMA so far rejecting price actions, so we are squeezed in between those. 52day EMA/180 EMA, 200SMA coming down, 52 in a higher speed. On the weekly, 200 SMA up at around 3.92; it is far away (to be a resistance) Weekly RSI is on oversold levels (could drop more of course), trying to leave it, now showing sign of possible normalization, MACD indicator could start to converge (in a few weeks could be divergenced, but no guarantee) I have opened a long position( accumulation purposes), regardless of this idea. I plan to open an other one for swing-trading, IF we restest the 0.78 fib level and popping back up from that (meaning possible wave 3 starting to the upside, and wave 2 is in) Also be aware, as of now, the 1st quarter 2023 results,conference call and webcast was postponed, which might heavily influence the price actions (and sure it has a reason behind it.) Resistance at 0.92, next resistance at 1.12. No GAP below, next GAPs upwards:1.12; 1.62
SLong
by tommtajlor
34
Sunworks Inc. (NASDAQ: $SUNW) Amazing GrowthTechnical 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 company. Prudential Financial Inc. bought a new position in shares of Sunworks during the second quarter worth about $28,000. First Republic Investment Management Inc. bought a new position in Sunworks in the 1st quarter valued at about $29,000. XTX Topco Ltd bought a new position in Sunworks in the 1st quarter valued at about $40,000. Engineers Gate Manager LP bought a new position in Sunworks in the 3rd quarter valued at about $50,000. Finally, Verition Fund Management LLC bought a new position in Sunworks in the 1st quarter valued at about $54,000. Institutional investors own 8.88% of the company’s stock.
SLong
by DEXWireNews
1
RUN Solar Stock Uptrending from earningsRUN is benefiting from the federal incentives policies. As shown on the chart Price has risen 48% since the earnings report which was quite favorable. It is consistently above the Ichimoku cloud and is now in a consolidation. I see this as a good swing-long setup with the stop loss under the cloud or instead wait for a pullback. The target would be $37 at the swing high in mid September or when relative strength hits 80 and shows a bearish trend.
NASDAQ:RUNLong
by AwesomeAvani
SunWorks (NASDAQ: $SUNW) On Major Breakout Watch This Morning ☀️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 for larger commercial and public works projects. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Provo, Utah.
SLong
by Bullishcharts
1
Sunworks (USA: $SUNW) Ready For Solar Industry Boom 2022! ☀️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 for larger commercial and public works projects. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Provo, Utah.
SLong
by DEXWireNews
2
SUNW Expected to Beat Earnings Estimates on March 11Sunworks, 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, Oregon, New Jersey, and Hawaii. My price targets for SUNW in this energy booming economy are $6.40 and $8.05. Looking forward to read your opinion about it.
SLong
by TopgOptions
SunWorks (NASDAQ: $SUNW) Could Be 2022's Hottest Winner! ☀️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 loads to multi megawatt systems for larger projects. In addition, it offers a range of installation services, including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring, and maintenance services to its solar energy customers. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was incorporated in 2002 and is headquartered in Roseville, California.
SLong
by Bullishcharts
3
ADDED to $SUNW New Target 20.91 for 38.2% $SUNW Target 20.91 for 38.2% Or next add level is at 9.35 I added here today, however this did get rejected at the EMA so I might be adding again at 9.35… let’s see what happens… every average down brings more profit and the target closer. — 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. I start every position with 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
2
$SUNW Target 21.37 for 37.08% Let's GO$SUNW Target 21.37 for 37.08% Or next add level is at 10.47 I didn't add here today... just Targeting... GL 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. 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
1
$SUNW Target 21.37 for 37.08% Or next add level is at 10.47$SUNW Target 21.37 for 37.08% Or next add level is at 10.47 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