Meyer Burger - following business pivot and stock splitMeyer Burgers pivots from solar cell eqiupment supplier to maker of solar cell modules. Next gen photovoltaic breakthrough kept close to the chest.
Tech lead
Merger Burgers has a portfolio of leading tech setting the standard for equipment used by many of the world’s PV manufacturers. Meyer Burger is also credited with introducing efficiency-boosting PERC architecture into the solar market.
Arbitrages of perception, liquidity and possibly price
Perception and pivot: Stock split and full go ahead from shareholders, 81,4% approving capital increase and tranfsormation to a manufacturer of solar cells to solar modules.
Liquidity: In an obviously good trend where states are willing to finance next gen solar. A clear strategic commitment of German and European politics. Tax breaks will probably continue to be generous. The trend is becoming stronger all over the world. Solar together with new tech for storing electricity as well as hydrogen and hydrogen transformation will be part of the solution. There won't be one technological winner. We need many. Batteries are quite problematic for many reasons, minerals being one.
Price: stock split might provide a momentum - recent data seem to suggest this in my opinion - peoples perception of price history is not completely rational. There is a strong tendency to misread the graphs here for non instituional investors/retail investors.
Sources
Shareholder decision
www.meyerburger.com
Comeback for german solar cell production
www.meyerburger.com
Mission/pivot
www.meyerburger.com
PERC
www.meyerburger.com
Solar
SPWR Earnings Slightly Better Than Expected: Plotting a Re-entrySun Power spent a solid month between 9.5 and 10.5 per share (The first "idea" of mine was dated July 15th calling for the potential LONG on it).
It closed today at 11.5 and then reported earnings which were slightly (decently even) less negative than the projections yielded. That said, its bull run should be somewhat tempered by a negative report even so. A good re-entry point is near the top end of its corrective wave - targetting a 10.5 to 10.7 re-entry. SPWR is trading at its annual high; a recapturing of its former glory at 16+ per share is not inconceivable, though had the earnings report trended closer to a break-even this would be even more of a "must buy."
The average cost was 9.51 before a re-positioning (now) which has not really worked out so brilliantly, but a FOMO buy must be avoided and the proper call is to wait for a slight recoil, at least under the previous high-end of the corrective wave sequence seen in the Handle. Thus, we remain bullish, but hardly obnoxiously so -- if I had a TV Show I probably wouldn't be a screaming "BUY NOW" but I would absolutely keep an eye on SPWR the remainder of the trading week with the re-entry points mentioned highlighted as alerts.
Thanks.
Sun Power to break out from cup/handle? LONG? Let's See TODAYSun Power oscillated between roughly 9.5 and 10.5 per share during a somewhat longer "handle" phase, but it is now breaking out and is 11+ per share. $SPWR reports earnings today (Wed) at market close. It is projected to be -0.36. We will have to wait and see if it swings a positive earnings report, against expectations, which could push SPWR even further - even as it is now at roughly an annual high.
This long was called a while back as it started to form the handle of the cup: The breakout could follow this week and in through next-- but that earnings report is C R U C I A L.
Obviously it is.
Happy Trading!
-BDR
*See attached ideas for the description of the forming on what could be a final correction wave / formation of cup-handle*
Sun Power "Handle;" Sideways trading pattern Could be Great signSun Power $SPWR is forming a long handle following the cup seen previously in my last SPWR post. This corrective pattern now has this trader sitting at 1cent per share below an avg . cost of 9.75. It still remains to be seen if this can go parabolic, make a big run, and break from the cup and handle. As to the certainty it does? It is hardly based on chart harmonics, but mostly on the general bullish trends in the natural energy sector (Simple and similar plans are applied to $FCEL).
Stay in tune with Sun Power: The current entrance point of 9.74/share is STRONG. This is still a LONG that probably ends up being beneficial after the handle is formed. It could be a 2-month sideways pattern, even, before the eventual breakout- which cannot be assured of arriving, either. Nevertheless,
Happy Trading,
And may the odds be forever in your favor!
-BDR
Sun Power Cup & Handle; Wind-up Now on "Final Correction wave"Sun Power is forming a cup and handle. The corrective action seen was the base - this wind-up is due to set $SPWR to an annual high as it's closing in on it through the first-half of Wednesday's trading session.
No defined exit point: This upside could be immense. Further updates to come after it passes 11/share. Currently 10.54 w/ a 6.84% increase on the day. This play is being fulfilled; sorry - no advice on whether this play is "Too late" to enter now due to lack of certainty regarding a top-out. This is mostly a confirmatory signal on the previous post which cited a bullish formation in the corrective wave's triangular shape- that bull run has been realized already today.
Happy trading, and congrats to anyone who's followed along since the first $SPWR update: we're in very GREEN TERRITORY, folks.
Link Included to 1st $SPWR idea (july 8th).
-BDR
Bullish Indicators Surfacing for $SPWR -- Still a CLEAR LONG oppTriangle area lends confirmation consolidation may be short: Bull run likely follows. Current entry point pretty solid, too.
Will likely surpass annual high w/ target just over 11/s; high upside could be higher still.
Just a Short but sweet touch on Sun Power.
Happy Trading/Investing!!
-BDR
RUN BuyoutIt has just been announced that Sunrun (RUN) will be buying out another competitor solar company, Vivint Solar (VSLR) in a multi-billion dollar deal. RUN has been trading in a rising channel since the mid-March lows, and news of the acquisition may cause an upward breakout of the channel. In addition, the daily volume on RUN has been on a nice incline, and we may see a continuation of that throughout the week.
$VSLR banging on the door$VSLR has been bouncing around the triangle and banging on the resistance for a breakout to happen.
Maybe some more consolidation needs to happen before a breakout past the resistance.
Short interest of 13% and Goldman downgrade to neutral from buy at target of $10, be weary
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
SunPower Golden Cross on weekly Chanel#Sunpower the price went downwards crossing 50day MA under 200days MA on weekly chart in May,2016.
Now after four years of downward trend it is breaking upwards 50d MA crossing 200d MA.
With the new hype of sustainable energy and Tesla. The price may go higher.
*** Just sharing my opinion, not an investment advice.
#SolarEnergy
GSFI Long Term GainI've been keeping my eye on this stock for little bit now and in my opinion has a huge upside potential for the following reason...
This is fairly new sector in the stock market which is one reason for the huge upside potential.
They recently filed with the SEC...
finance.yahoo.com
twitter.com
twitter.com
Famed Architect Anthony Morali Joins Green Stream Holdings Inc Board of...
Solar Stock News: Green Stream Holdings GSFI Executes Agreement To Build And Lease Out Multiple Solar Farms In A Joint Venture With Morali Architects
Feel free to share your ideas as well
A First Look at the Newest Addition to Binance: SOLSOLBTC Just got listed on Binance.
Sola is the next generation decentralized social platform that incentivizes and benefits all involved parties — users, third-party developers and the core team. The name Sola is an acronym for “social layer.” Sola is an open ecosystem, which means that most of its source code will be made open source and available for audit, improvement and usage by anyone.
It is a cryptocurrency token and operates on the Ethereum platform. Sola Token has a current supply of 127,864,775 with 28,948,936.515 in circulation.
We immediately got greeted by a 420% increase in its first hour. Extreme volatility is common for new listings. After the spike up we are seeing a small descending triangle forming. A first bearish sign for this pumped coin.
Let's see what SOL has in store for us in the coming weeks!
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
SPWR - A clear winnerSPWR - For entertainment and trending. I own shares of this company. Check out the trending on my other ideas.
RUN breaks resistance at 22.60, finds new supportRUN broke resistance today, having a high of 23.66, then dropping to find new support at 22.76 Earnings are coming up, and estimates have analysts bullish on the stock according to finance.yahoo.com
It has support, potentially better-then-expected earnings ahead, and did well today in a bad market. It is competing well with $TSLA in the solar and battery department, and was on a breakout today. Maybe a rally tomorrow? 5DMA looks good and the ichimoku cloud is still in the green at close. Looks promising to me.
RUN finds support at 21.45 todayRUN came out hot at open, surging 4% an hour after the open, then pulling back to 21.60. Earnings coming on Feb 27, price looking to stay up before then. Needs to break 52w high at $22.40 tomorrow, should stay up to earnings. As a company, earnings look promising, and company is beating TSLA in battery and solar tech. Seems promising. Would be getting in at the end of the day, entry price $21.85, target price $24, stop loss $22.30. New support line today at $21.45.
Aurora Clean Tech RisingAurora Solar Technologies a low float big potential company. Fully diluted share count of just over $96 mil along with Sales presence in Asia, 50% gross Margin, and a current addressable market of $435 mil + in the growing clean energy sector.
They provide a suite of In- line Solar cell visualization and diagnostic equipment to aid in the manufacturing of solar Cells, Allowing companies to cut cost due to Labor and poor cell quality. They have been obtaining repeat orders / larger orders of this suite of Equipment as well as just received a order from the world's largest Solar Cell Manufacture which speaks volumes to where this company is heading.
Currently in a bullish up trend trading just above its .115 support and with both dema 11/22 cross and moving higher along with A/D above its ema I see lots of short term influence to keep this stock rising. Financials at End of Feb and news of any more new volume orders should break through .15 and reaching .19 in Feb. I currently hold a mid term goal of .26 but with growing orders new improvements to the system along with order from World Largest manufacture and the Savings to the Manufactures they provide I see Aurora heading towards $1 going into 2021
CNRG is the best-performing clean power ETF over its lifetimeI'm highly interested in energy right now, but in the long term I'm just really worried about the oil and gas industry. Thanks to Swanson's Law, the price of solar panels continues to fall. Battery technology is also rapidly getting better, and we seem to be witnessing the mainstreaming of electric cars. According to FactSet, the "Independent Power and Renewable Electricity Producers" segment grew its earnings by an astounding 138% last year, making it the fastest-growing segment of the market. That's why I decided it's time to get in. In planning my entry, I compared nine clean energy ETFs to see which one offers the best performance over time.
The second-best performer was QCLN, a passively managed FirstTrust Green Energy ETF. The reason this fund has done so well is its high exposure to Tesla, which comprises 10% of its holdings. That worries me, because Tesla's current valuation is extremely high at a forward P/E of over 70, and QCLN's forward P/E is accordingly also pretty high at over 24. It also has a pretty bad price-to-cash-flow ratio of about 13, which makes me worry about the financial health of the companies in the fund.
So I was glad to find an even better performing ETF that's at a more attractive valuation: CNRG. CNRG, an SPDR "enhanced strategy" fund, is only about a year and a quarter old, so there isn't a ton of history to go on. During that time, however, it has handily beaten QCLN. Also, the fund's valuation is better by pretty much every metric, with a P/E closer to 19 and a price-to-cash-flow of about 10. That's still high, but it's more defensible than the QCLN numbers. Both funds pay about 1.2% in dividends. CNRG's largest holding is micro-cap fuel cell maker FCEL, which has rallied since a huge earnings beat last quarter. Exposure to FCEL could make this fund a lot more volatile than QCLN.
Here's CNRG compared to QCLN:
And here's CNRG vs. the S&P 500: