Jcas1602

Breakout on SPWR??

NASDAQ:SPWR   SunPower Corporation
We're on an uptrend. Are we breaking out, or still stuck in a range?

I seen somewhere on a news article saying that SPWR was fully valued, and if that's the case we can possibly see a continued range. I will publish another in depth analysis on a smaller timeframe at the point of resistance. Now if there were any good bullish news released anytime this week, this would most likely be a breakout. I know that the more times price tests a major structure level, it signals a strong breakout to the upside or downside
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