$SPWR Cup W/Handle - Bull Flag?

I like this set-up going into next week. Looks to me that we have several things going here. We have a pullback to Structural Support, Cup W/Handle Formation, Bull Flag Formation and Declining Volume as it pulls back (lack of sellers). This may be a good candidate for your watch list. Look for the solar sector to move higher (there are several good names I'm watching). I'll be looking to go long if: 1. the market as a whole improves, 2. we have an upside reversal up and out of the bull flag and 3. we are above the structure area ( support / resistance). Ideas, not investing / trading advice.

Dagangan aktif:

Started with a 1/4 size position @ 22.26. I'll add on any strength. Stop under day low. Let's see what happens.