__________     __ __     __  _______    ________
  / ____/ __ \   / // /    / / / /  _/ |  / / ____/
 / / __/ / / /  / // /_   / /_/ // / | | / / __/
/ /_/ / /_/ /  /__  __/  / __  // /  | |/ / /___
\____/\____/     /_/    /_/ /_/___/  |___/_____/

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Sunpower (SPWR) Price Analysis

BY: @technicaltrader | CREATED: Jan. 17, 2019, 10:23 a.m. | VOTES: 2 | PAYOUT: $0.00 | [ VOTE ]

[IMAGE: https://cdn.steemitimages.com/DQmYAX5F3UzaxMzNSdpX5jgLRtACtbAXKwAen6aDyvNh7T6/image.png]

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.

[IMAGE: https://cdn.steemitimages.com/DQmQ1tNRnLVCx1djvKhM62tjDJrwTdnQE29aGGvVoCnPjok/image.png]

TAGS: [ #trading ] [ #stocks ] [ #money ] [ #investment ] [ #finance ]

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