 Weekly chart shows price remaining below the large, two and a half year consolidation that broke down mid-December. With the short term retrace now looking to have broken down, with a shooting star marking the top on Monday, given US markets are at resistance zones after a strong rally, there is strong R/R for a short here. Target at the 2012 low. Back to neutral if price moves above the top of the shooting star at 5.74. 
author | technicaltrader |
---|---|
permlink | sunpower-spwr-price-analysis |
category | trading |
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created | 2019-01-17 10:23:36 |
last_update | 2019-01-17 10:23:36 |
depth | 0 |
children | 0 |
last_payout | 2019-01-24 10:23:36 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "Sunpower (SPWR) Price Analysis" |
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percent_hbd | 10,000 |
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