


.618 fan provided nice pity bounce. But .618 retracement is final destination.
MACD crossover looks like it's failing for the first time. I'm looking for price action to break log support to confirm breakdown. Otherwise this momo needs good news badly to keep her afloat.
(SPWR) will announce its first-quarter financial results on a conference call Thursday, April 24 at 1:30 p.m. Pacific Time. The call-in number is 517-623-4618, passcode SunPower. The call will be webcast and can be accessed from SunPower's website at investors.sunpower.com
first I'm forecasting MACD momentum and trying to translate that to price action. Strong pitchfork in play here.
RSI Divergence as well on 52 week high, seems exhausted as last three candles show wick resistance at ~$29. Just a quick swing for me to see if profit takers plunge this.