SPWR. The Sun will shine again!Hello everyone. i want share my idea and simple reason why i think that is good investment to make minimum 2x or 3x in this investment.
Reason #1
after high interest rates we all saw bull run of stock market, at the moment we have still 5.50, after last Jerome Powell speech he told us they will cut rates but they don't rush to make that, if they will cut the rates it will be good for sun power energy industry, because for sun power energy, interest rates are important, they have loans for 5-10 years. when interest rates rise it gets more expensive because they cant raise prices on customers, this is why it was pressure on solar energy stocks after covid pandemic.
Reason #2
Solar energy is future, Australia will make fund which will cost 653 billion dollar to make solar panels.
Reason #3 technical
after pretty long and strong fall to downside we came to last high buy zone which was start point of bull run few years ago and how we see price stop and has some reactions from buyers, i am not saying in many month or year it will show us new all time high but i think its pretty good point for investment, we we see that fall all will think that stock is dead but not yet i think until it will dead (if its dying) it will make minimum 2 or 3 x from that point.
I will link my last analysis about that stock.
Always make your research!!!!
Spwrlong
Will SPWR shine in 2024?Hello everyone i want share my idea about SPWR (SunPower Corporation)
In 2023 we had pretty bullish stock price actions which i can't tell about SunPower Corporation.
How SunPower Corporation work? they have loans for 5-10 years, when they have contracts with low rates and government starting to rise rates their work goes bad and their stock prices falling but when rates are low their work going well and more investor make investment.
In my opinion 2024 year will be not great for stock market and the reason is, dollar strong movement start of 2024 and possibility to continue this trend all 2024 year is high. i have idea why i think stock market crash in 2024 which will be linked in this post.
If we look at SunPower Corporation with technical we have big divergence at weekly MACD. Trend at chart is bearish in 2023 but oscillator shows it bullish and this is why i think good investment in this stock. If i have reason stock market crash, if i have reason rate cuts and if technically accept it then i will make investment at lowest price which is perfect for now.
SPWR weekly below mean stop loss $0 Entry 18.33
SPWR weekly below mean stop loss $0 I believe in solar by GM hold up to 2025
Bulls Have Power & Charge Like SPWR Power!Bulls Have Power & Charge Like SPWR Power!
Bullish pin bar at support on SPWR!
Safe Entry 16.60
Why? 16.60 is .15 cents above the head of the pin bar : )
Contract
17 C or 18 C and set my expiration date out 2 weeks from entry date.
Stop loss
14.93
Expectation move
Approx 20.86.
*Reasoning- Resistance range (on weekly chart) is between 21.23 and 22.36.
SOLAR STOCKS TO POP SPWR TARGET 36LOOKING at all solar stock this morning it seems that they are ready to pop I am moving into calls in spwr fslr
