Buy Alert: $SPWR Bottoming Tail Signals Price Reversal
SunPower Corporation (NASDAQ:SPWR) has sold off all quarter, all month, all week, all day until now it is seeing some slowing... The stock just put in a bottoming tail on the intra-day 10 minute chart, a technical reversal signal which says upside is coming. The stock should be putting in a major bottom on the daily chart as well, based on key supports and technical analysis. This looks fantastic, but it may always need a little more of a flush to shake out some weak hands...