Long

SPWR swing idea

Swing trade idea: SPWR 1-2 week trade, price target $26. Please note that the momentum is shifting upward (indicated by the magenta bars on the TTM squeeze indicator)

12/8 Zacks article excerpt: “SunPower designs, develops, manufactures, markets and sells high-performance solar electric power technology products like solar cells and panels. The company boasts a solid four-quarter average earnings surprise of 49.23% and is estimated to generate earnings growth of 324.3% in 2021. It currently carries a Zacks Rank #2 (Buy).”
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