$SPWR Target 43.85 for 21.40% Or next add at 28.39 I am not your financial advisor. My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. GL
Patience pays, and in this case by giving us an entry smack in the middle of the BUY ZONE:
Sun Power has had a rough go w/ the overall market struggling, but it should be close to reaching a strong support point with previous lows looming. The maroon-circled region represents an area of excellent entry, with the trace down further being somewhat dubious. Patience can be exercised here a little. The corrective wave is happening, but we cannot rule out a...
SPWR after huge move, makes a classic ABC correction and enters BUY ZONE. Offers a 2.5 to 1 risk reward if entered here with a target at previous high (before ABC correction). Would like to see divergent RSI and MACD before entering...
Targeting $24-25 - Already up 12% on this one. Congrats if you hopped on.
SunRun (RUN) has made some amazing gains in the past and it's clearly shown it has broken its downtrend pattern after the merger w/ Vivint Solar (VSLR). Vivint has an amazing management team and was doubling revenue every 2 years. The combination of the 2 companies makes for the world's 3rd largest global owner of solar capacity: www.greentechmedia.com Only...
I added to my position today. Let's see if this can hit $23, then start pushing back to it's ATH's.
$SPWR SunPower Corp closed today outside the upper limit of a recent bullish pennant. Expecting to see a strong follow through move in the near term. Bullish Options Activity 2,900 $15.00 strike (ITM) Oct 30th calls traded today (22x open interest) for $750K in premium. Near term price target: $20-$22 range by early November Note: This is NOT investment advice.
SunPower Corp. (NASDAQ: SPWR) has a market cap roughly one-quarter the size of First Solar, but that was by choice and not mismanagement. Where First Solar both builds solar modules and large solar farms, SunPower has chosen instead to develop its marketing and packaging of modules and inverters built by other companies. A partnership with sustainable energy...
Sun 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...
Sun 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...
Sun 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...
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....
Triangle 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
With the natural energy sector booming, $SPWR has made a great play thus far. Entering on Monday, it has gained since and looks to still be in for a strong corrective wave. The ultimate potential of this is not fully clear. However, thus far, the entire sector has had a tremendous past month. It is a well-proven company trading much lower than it once did, but...