Is SunPower Ready to Explode?
C = Catalyst for a Stock’s Movement
SunPower is a vertically integrated solar products and services company that designs, manufactures and delivers solar electric systems worldwide for residential, commercial and utility-scale power plant customers. Alternative sources of energy are being explored worldwide for a variety of reasons. Look for SunPower to remain a strong force in the solar energy space.
T = Technicals on the Stock Chart are Mixed
SunPower has seen a disastrous decline since the highs it saw in 2007. The stock still seems to be stuck in a long-term downtrend, however, it is getting ready take on a critical zone. If it can break above this downtrend, the stock is poised to see higher prices. Currently, SunPower stock has seen a significant rise on strong price action…