SunPower looks to be forming a nice cup with handle. The Solar stocks were coming on strong after a big pullback. This one is building out the right side of the chart in a constructive manner. They beat earnings with about a 75% earnings surprise. I have this on my watch list and I'll likely go long on a break of the handle downtrend. I am also long 
RUN so I like this space. Another way to play the sector is with the sector ETF: $TAN. Ideas, not investing / trading advice.
The blue lines on the chart are areas I have identified as areas of resistance / support once above.
May 2021 from earningswhispers.com:
Sunpower Beats
Sunpower (SPWR) reported 1st Quarter March 2021 earnings of $0.07 per share on revenue of $306.4 million. The consensus estimate was for breakeven results on revenue of $305.1 million. The Earnings Whisper number was $0.04 per share. Revenue fell 31.8% compared to the same quarter a year ago.
The company said it expects second quarter revenue of $295.0 million to $345.0 million. The current consensus revenue estimate is $336.07 million for the quarter ending June 30, 2021.
SunPower Corp is engaged in designing, manufacturing, installation and ongoing maintenance and monitoring of solar system.
RUN so I like this space. Another way to play the sector is with the sector ETF: $TAN. Ideas, not investing / trading advice.The blue lines on the chart are areas I have identified as areas of resistance / support once above.
May 2021 from earningswhispers.com:
Sunpower Beats
Sunpower (SPWR) reported 1st Quarter March 2021 earnings of $0.07 per share on revenue of $306.4 million. The consensus estimate was for breakeven results on revenue of $305.1 million. The Earnings Whisper number was $0.04 per share. Revenue fell 31.8% compared to the same quarter a year ago.
The company said it expects second quarter revenue of $295.0 million to $345.0 million. The current consensus revenue estimate is $336.07 million for the quarter ending June 30, 2021.
SunPower Corp is engaged in designing, manufacturing, installation and ongoing maintenance and monitoring of solar system.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。