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Sunpower (SPWR) Buy Level Approaching

Published 10/15/2019, 02:34 AM
Updated 05/14/2017, 06:45 AM

Shares of SunPower Corporation (NASDAQ:SPWR) are down over 35% in the last three weeks. With the stock trading at $9.82, investors are wondering if now is the time to buy. Based on the technical chart setup, there is still more downside until a major gap is filled at $8.27. Once filled, this will likely see 20% upside. Note the stock chart below.

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SPWT Daily Chart

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