Long
SUNPOWER Possible Breakout on 1M Chart
If you follow my last #analysis from July,2020 about #SUNPOWER Inc. , there was a Golden cross of 21d MA and 50d MA. That was the reason, I was very positive about its uptrend.
Of course, only chart and Golden cross wouldn't be enough for a company to give good ROI for investors. #Sunpower has at the moment a notable amount of long-term and short-term loan.
But, the company has also gained some big companies ( #Toyota,# Macys, #FedEx ) as new partners for #sustainable #greenenergy
If #sunpower breaks the upper channel then the next price target could be around 50$-55$ .
*** Just sharing my own opinion , NOT AN #INVESTMENT #ADVICE.
Of course, only chart and Golden cross wouldn't be enough for a company to give good ROI for investors. #Sunpower has at the moment a notable amount of long-term and short-term loan.
But, the company has also gained some big companies ( #Toyota,# Macys, #FedEx ) as new partners for #sustainable #greenenergy
If #sunpower breaks the upper channel then the next price target could be around 50$-55$ .
*** Just sharing my own opinion , NOT AN #INVESTMENT #ADVICE.
Note
The test of the upper resistance is complete , a correction upto 26$ is possible but not mandatory.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.