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SPI - Momentum Continuation Trade Idea

NASDAQ:SPI   SPI Energy Co., Ltd.
SPI - Up on news about entering a share purchase agreement for $7.6 million private placement, SPI made a strong move and closed up 150%. Tomorrow may see a retest of the 200ma at 3.19 and a hod retest at 3.80. A break there could see 4.50.
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