LNKD has been showing relative strength recently as noted by the 4 day ema crossing above the 50 day ema. RSI and MACD also ttrending higher. In addition LNKD is sitting on resistance of 199.55 as noted by the cloud. Look for confirmation of a close above this number or cloud and expect follow through into next week.
A down ward movement in price off its recent highs has begun. Too soon to call it a trend but beginning to look like a H&S pattern is developing marking the new possible direction. MACD has begun to cross over. Another bearish sign. RSI is also trending lower offering some confirmation of the downward movement in price and MACD crossover. In addition a high...
SPWR in the last week has announced a new contract coinciding with positive comments and support for solar energy by the white house. Fundamentally spwr has consistently beaten analyst's estimates over the last year. Technically the price of sunpower seems to be holding strong inside an upward wedge on the daily chart inside a bigger upward wedge from the monthly...
SPWR has consistently beatien the analyst community with blowing through estimates and guidance for the past year or so. This chart demonstrates the rising wedge and range spwr is moving in. With all things considered, the trend here is your friend. Use the rising wedge as trading points. The sun will never stop shining.
