Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, CryptoCurrency and NFTs

PAMM StratoFounds

You are not connected. Please login or register

SunPower Corporation (SPWR)

Go down  Message [Page 1 of 1]

1SunPower Corporation (SPWR) Empty SunPower Corporation (SPWR) Tue Feb 21, 2017 9:53 pm



SunPower Corporation (SPWR), $7.89

[You must be registered and logged in to see this image.]

Trade:  We recommend buying the stock at current levels or better since extended intra-day.  In our experience, these +WRB bars are bullish and getting the ideal long entry is often hard to do so we are okay with entering at current prices.  Note:  We are going to approach this as a long-term Core holding because of the bullish alignment of multiple time frames; thus, please note that holding over earnings is higher risk.  We will look to deploy complimentary bullish option strategies around it over time.

Strategy:  Bullish Wide Range Bar (+WRB) breakout from daily and weekly charts, with Climactic Buy Setup on Major Support on the monthly chart.
Target:  $11.00 – 14.00 per Master Trader Mrs. Capra.

Max Loss:  Debit.
Stop Loss:  $12.88.

source; mastertrader

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum