SUNW all coiled up within bullish pennant-
With Patent updated in China, US pending, and so many bullish events unfolding, this ticker appears ready for a massive breakout and run in the second half of 2016. With this spikes on the chart correlating with "Company bullish PR", or "internal factors" and the lows on the charts mostly coinciding with bearish "external factors", one would speculate a breakout on the bullish side of the pennant either leading up to or coinciding with the release of the Q2 ER in mid August. How far and how fast will depend on the PR put forth by the company in the coming weeks leading up to the biggest record breaking quarter the company has ever had.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.