why SPWR is up 4% today? Any news or recommend to buy or sell it!
If we are to go off the RSI then you could argue that a pull back next day or so could occur on SPWR before rallying up. Ive been struggling with this stock lately. Some of my other trades have been from awe-someSTOCKS which are working out pretty well.
EQUITY ALERT: Rosen Law Firm Notifies SunPower Corporation Investors of Important Deadline in Class Action – SPWR
Rosen Law Firm Representing SunPower Corporation Shareholders in Securities Class Action Lawsuit Seeking to Recover Investor Losses - SPWR
4.4 mw ac plant for Campbell's Soup HQ, to be completed by end of year. This is the 3rd project from Campbell's. Of note, Campbell's is planning a 50MW AC solar project with wind project at Paris, Texas, to be officially announced in July....
We are finally over the 200 moving average today !
25mw ac plant under construction at Miyako, Japan. 76,000 Sunpower E20 panels. Completion in 2018, 2nd project in Japan with parent company Total.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.6 In other words, the correlation coefficient of the other stock
Here she #$%$!!!! took a while but the SUN isn't always shining!!!...Now its out and shiningg BRIGHT...TRUMP is in charge...Solar will ROCKET ISMAEL!!!!!...YAY YAY YAY!!!!!!!...Carson Went will also SHINE bright for the EAGLES!!!!!!!...Super Bowl 2018...YES YES YES ...THIS YEAR!!!!....SPWR will hit 135-185 dollars a share THIS YEAR!!!!!!!!
But you guys have to watch Tesla. Big announcements and breakthroughs by Tesla in solar will hit SPWR hard. That is the only factor that can keep this stock down. But in the end no matter what it will be a happy ending because Total will come in and buy the rest of Sunpower.
Very positive CC and strong future, expect an open above $7-7.50!
Some low volume knee-jerk reaction after hours and they'll be sorry in the morning when the real investor wake up!
May 15, 2017 04:42 PM ET (BZ Newswire) -- OptionsSpeaking on Bloomberg Markets, Alan Knuckman of Bulls Eye Option suggested a bullish options strategy in SunPower Corporation (NASDAQ:SPWR). He thinks that the stock is oversold and he expects to see a bounce back to $12. To make a bullish bet, Knuckman wants to buy the January 5 call for $2.75. The trade breaks even at $7.75 or 5.30 percent above the closing price on Monday. If the stock rallies to $12, Knuckman is going to make a profit of $4.25 on this trade.
News & Events:SPWR SUNPOWER CORPORATION 7.42Up 0.10 (1.37 %)AS OF 4:00:00PM ET 05/11/2017 Trade Add to Watch List Set Alert Hypothetical Trade Price History down A A A Print FormatPrint Format
Technical Event SunPower Corp forms bullish "Diamond Bottom" chart pattern 05/11/2017 Recognia has detected a "Diamond Bottom" chart pattern formed on SunPower Corp (SPWR on NASDAQ). This bullish signal indicates that the price may rise from the close of 7.42 to the range of 10.40 - 11.00. The pattern formed over 135 days which is roughly the period of time in which the target price range may be achieved. SunPower Corp has a current support price of 6.10 and a resistance level of 7.58. A Diamond Bottom is considered a bullish signal, indicating a possible reversal of the current downtrend to a new uptrend. Prices create higher highs and lower lows in a broadening pattern, then the trading range gradually narrows after the highs peak and the lows start trending upward. The technical event occurs when prices break upward out of the diamond formation, which confirms the pattern.
Earning Estimate -$0.50 (Loss) Actual Earning -$0.36 (Loss) LESS LOSS by +$0.15
SPWR beats by $0.15 Cents
SPWR beats estimates and it still goes down, sounds like a buying opportunity to me.
The biggest short squeeze in the history of the market has started. This chart formation will be thought at universities.
You have to watch the numbers and not listen to the noise. On April 27th stockholder call they said their cost cutting initiatives are ahead of target which means their operating expenses were going to be down for the quarter. All the projects they announced had to result in higher revenue for the quarter. If they repeat the same in Q2 and Q3 there it is no brainer that they will end up turning a profit this year and have positive cash. Cost down + Revenue up = Profits = Green candles.
Well, what do you know. Looked all doom and gloom premarket and now it is pulling ahead instead !
What should we expect tomorrow, beat or meet the expectations?
Love these dips at this level- Great Buy for the longs