SunPower Corporation Upgraded
SunPower Corporation (SPWRA) was upgraded by some analysts, and moved yesterday into new highs.
Looking at the chart, there is a price resistance around $34, and if today we get to close above that price, we could be at the beginning of another bullish rally for this solar stock.
With Crude Oil getting very close to $80, Solar Stocks might have enough momentum to keep the current short-term trend up. Most Solar Stocks are now pointing up such as First Solar (FSLR) and Suntech Power (STP), etc..
In my opinion it's the perfect time to jump in now, for a quick trade, as long as today's movement in Solars keeps going up.
Labels: Bullish, First Solar Inc, solar analysis, solar charts, Solar Stocks, SPWRA, SunPower Corp, Suntech Power
posted by Ertai at
7:55 AM
1 comment(s):
Hi,
Since the material involved is glass and wood there is not much wear and tear for the panel. Moreover it has been tested that the glass also doesn’t spoil with the dust and exposure to sun. Copper is the metal which is used to build solar panel. Since water is used copper is the metal preferred to use even for domestic plumbing purposes.
For more information plz visit: http://www.solarblvd.com .
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Unknown, at
7:41 AM
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