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SPWR 2nd Price Target Hit for 50%+ Gain

SPWR (SunPower Corp), which was posted as an unofficial long trade idea back on April 4th, has hit the second price target (T2) for a gain of over 50% from where the aggressive initial entry was posted back then while the stock was trading at the bottom of the large bullish falling wedge pattern. Consider booking partial or full profits and/or raising stops as the odds for a pullback off this level are elevated at this time. Previous & updated charts below (click on first chart to expand, then click anywhere on the right of each expanded chart to advance to the next expanded chart image).

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Jun 23, 2017 1:36pm|Categories: Equity Market Analysis, Unofficial Long Ideas|Tags: |0 Comments

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