Long

$SUNW Breaks Out To The Upside On Strong Volume

We believe the worst is over for SSUNW after yesterday's impressive price action. There's a lot of room to the upside that the stock needs to make up from looking at fibonacci. We believe prices will keep climbing.

About SSUNW

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 Washington. 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 founded in 2002 and is headquartered in Roseville, California.

As always, trade with caution and use protective stops.

Good luck to all!
FibonacciFibonacci RetracementsolarSUNWSupport and ResistanceTrend Lines

To receive our alerts via email and SMS, join Insider Financial for Free at signup.insiderfinancial.com

We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
Also on:

Disclaimer