Rela4722

SPWR Heading Towards Multi-Year Breakout

Panjang
BATS:SPWR   SunPower Corporation
0
SPWR rallied hard in 2013 and looks to continue this year. After some consolidation over the past two months, it looks ready to break out of the $32 area and test its 2008 levels. On a long-term chart it looks to be encountering strong resistance in this area, which was also resistance in 2009. Continuing the trend from its low in late 2012 puts it back at $60 sometime in the next year. I am long over $32 with a closing weekly stop at the December closing lows.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.