SPWR closed on Friday with a bullish hammer candle right on its 50day EMA. Consolidating in a symmetrical triangle at the moment, nearing the overbought range but buyer volume is clearly picking up relative to seller volume. Has resistance at the $30.75 level that it has rejected twice now. Will be watching closely for a breakout at the end of this triangle, bullish.
Long Play-
PT1- $32.26
PT2- $36.49
PT3- $38.12
Long Play-
PT1- $32.26
PT2- $36.49
PT3- $38.12