SPWR - SunPower Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by stock1234, Apr 28, 2016.

  1. Bodacious

    Bodacious Active Member

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    8.57, Is it buy time?
     
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  2. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Phew, it's not for me! What looked a bit like flattening out the daily lows during the past week or two got blown to smithereens today. Volume was high today, as well. The psychological 200 DMA has also been dusted.

    I'm sticking to 8-ish being an important support level, and except for some quick-hit put selling, I'm not an outright buyer until it bounces maybe a couple times with good volume wherever it lands (8 or even down to 7?).
     
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  3. Bodacious

    Bodacious Active Member

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    Yepper, small resistance/support range around 7.70-8.00, and like you said, probably want to make sure it doesn't drop right through it, after that the next stop is in the 5.00 range.
     
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  4. Wildebeestmode

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    that was a really good earnings call. if we can get back to mid 9's tomorrow the monthly chart won't look so bad and I'd stay bullish longer term. possible analyst upgrades incoming
     
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  5. Bodacious

    Bodacious Active Member

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    +.65 AH, opens at 9.05 in the morn.
     
  6. Bodacious

    Bodacious Active Member

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    Down to 8.30 on good volume, supply exhaustion should be coming soon.

    Shares (M): 142.53
    Shares Float (M): 62.73
     
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  7. Bodacious

    Bodacious Active Member

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    7.99 a share at close.
     
  8. rStock

    rStock Well-Known Member

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    SPWR continue moving up from yesterday
    Now $8.84
     
  9. Bodacious

    Bodacious Active Member

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  10. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Good volume last couple days for sure. I'm doubting a breakout here, but cheering for anybody who has $ in this. My preferred scenario would be some multi-month consolidation at these levels to see it holds any feints back to 8, also giving opportunity to sell some puts or slowly accumulate.
     
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  11. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    SPWR hanging tough in there. I would like to see it break the On-Balance-Volume downtrend, and then perhaps on subsequent pullbacks I might sell some fairly close-to-the-money super short-term Puts when it dips on the slow stochastic. I figure maybe a month to play out to see for sure.

    Screenshot 2020-01-29 at 12.46.50 PM.png
     
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