SPWR trade ideas
SunPower Corp (SPWR)Early stages of a potential push higher as it moves out of a tight range.
- 8 21 50 EMA's being regained
- MACD shift to bullish regime
- RSI strong but not overbought
Current: 27.14
Buy range: 26.50-27.10
Stop: 24.60
Target Range: 32.00-33.00
ABC BullishThis one is still fairly close to it's most recent bottom and there will most likely be a lot of resistance overhead. Today it is still close to C and a possible stop can be placed under C.
There will be folks overhead who bought at higher prices in the clouds who will most likely sell with every rally to relieve financial pain they have been experiencing while this one came back down to earth.
The moving averages are not looking so good and in need of improvement.
Looks like SPWR was totally bullish on it's first run up and made a lot of ground above the top bollinger band which is bullish and shows extreme buying pressure when set on an 80 DMA verses a 20 DMA. Price eventually returns to the safety of the bands.
ABC bullish is a corrective pattern with hopes that C is as low as she goes. This is not always the case.
No recommendation
$SPWR Gartley Pattern Weekly This had big volume today, i think it gets tp1 here in near future, watch 22-24 area on retest of zone or 618% on pullback for entry.
app.koyfin.com
SPWR BUYAt bottom of phycological segment of market.
Expect a move up here slowly, focusing on a hold of this bullish falling wedge.
We have a broken formation and clean retest in confluence with the 50-61.8 of this price level. Engulf on the weekly.
Slowly but surely, Biden's Infrastructure plan will greatly affect this solar power company who provides services of installment for home owners and commercial businesses.
$SPWR Target 42.64 for 33.71% $SPWR Target 42.64 for 33.71%
Or next add level is at 20.68
I have not added since last update and the target is the same... we are green since then 😜. Let's go, sunpower!!
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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.
$SPWR High short-float stock with increasing relative volume.$SPWR High short-float stock with increasing relative volume. Testing an important resistance. Bullish trend reversal confirmed with a close above will bring in big volume and force a short-squeeze.
finance.yahoo.com
ADDED to $SPWR Target 42.64 for 33.71% $SPWR Target 42.64 for 33.71%
Or next add level is at 20.68
—
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.
SPWR BUYSPWR is currently at the last parts of phase 3 for accumilation. It is clear that on the monthly we have retested a W formation and have accumulated clean on the 1HR.
I'm looking for entries here on this secondary test, I will spot accumilation on the 5 and 1 minute to clean up entries and make sure demand is still there to push price higher.
Looking for Mid term holds ( 3 to 6 months) as Biden's infrastructure plan has put SPWR on the map for solar energy in homes.
Company released a statement that there will be extra funding to provide the services.
First target will be at the 50% level of FIBS. IF we can hold above we should be good to jump in the creek. Demand looks clean to buy !
Long term Target ATH
Mid term @ 33-34 within the next 3 weeks.
We might have breakoutToday is very crutial.
I am might open a long position if we manage do the following.
As you can see, we are stuck betweeen the 2 EMAs, but if the 20 holds as support and close near the 50, it is a very bullish sign and we might have a nice continuation.
We might have a breakoutToday is very crutial.
I am might open a long position if we manage do the following.
As you can see, we are stuck betweeen the 2 EMAs, but if the 20 holds as support and close near the 50, it is a very bullish sign and we might have a nice continuation.
SPWR Sunpower is set to move just a matter of timeSPWR Sunpower is set to move just a matter of time.
We have two gaps to fill - in perfect world we dip down and fill the low one to jump up to fill the high gap.
$SPWR Target 42.22 for 22.41% Or next add level is at 26.76$SPWR Target 42.22 for 22.41%
Or next add level is at 26.76
Let's try this one again... let's go... you've consolidated long enough, SPWR, haha...
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.
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.
SPWRSo many stocks putting on the same pattern as nasdaq; inverse head and shoulders!
Hopefully we are at the right shoulder area.......
