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SunPower Corporation Message Board

  • thetechtraderca thetechtraderca Mar 13, 2013 9:08 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on SPWR at TheTechTrader site noting: SunPower Corporation (SPWR) popped sharply on Tuesday, and then had a 5-wave corrective move, snapped back right up to resistance, and pulled back to test before firming up into the close. It was up 43 cents to 12.54, or 3 1/2%, on 4.6 million shares. Overall, one of the reasons we put a day trade and swing trade on it, it has a 16 target, and as this stock appeared to have broken out across the declining topsline and lateral resistance, it didn’t close well. So we'll see what we get on it on Wednesday.

15.37-0.35(-2.23%)Jul 22 4:00 PMEDT