stock is good support at long term trend line with good vol stock is in uptreand ,taken a support at trend line ,trading 200 ema ,sma .
SWSOLAR trade ideas
Sterling & Wilson - Breakout with volumesOne of the top EPC players in the solar space. The stock broke out with high volumes.
The stock has been under performing because of the loan to the parent company which eventually will get paid out.the promoter is strong group which is only suffering short term liquidity issues.
Long at CMP. The SL is deep here of 10% so allocate accordingly.
SWSOLAR STUDYStrong volume and recovery from bottom, but will pass since lower than 200D average. Re consider when it moves above red box at 360
longCUP AND HANDLE BREAKOUT
FLAG BREAKOUT DONE
SUPPORT 240
CAN GO LONG HERE AND ADD IN DIPS
CAN SEE 330 360 400 440
21.08.2020
$99 million order from the U.SLevels on the chart just keep selling at resistance and buying back after its flipped into support .
Or just buy a small bag and forget cause this might give you a decent mid term return looks like 318 will take some breaking down however once broken this baby should go into orbit pretty quick.
The graph for this does not have as much history so assuming it has its own reason .
This is clearly a full blown reversal happening so again with a golden cross on the daily.
183 is the lower support so if it gets there defo gonna get a small bag of this.
