SunWorks Inc (SUNWQ)

[Intotheblack]

I think major moves of late are positions being initiated for the coming ER- which is 3-4 days away now. The ticker is overbought- which is why the major retrace today...I wasn't able to watch it because I was out- but when I left we were chilling out at 3.25ish with that 15K support bid at 3.20.

The support bid was like 15-20 K I'm guessing because I wasn't watching but that's what it was before.. and I saw people throw 5K at it- 10 K at it and it didn't even budge... The 15k stayed put.

Looking at the 1 min chart today you can see- someone pushed it lower all day until it finally hit the 3.20, and they tested it a few times... then maybe in the microsecond when the bid was being updated someone saw the hole in the fence and shorted the shit out of it for like 25K shares- and as soon as it took it to 2.18, limits kicked in and tanked it out to 3.10 on volume which was the low on the day.

The good news- the 3.10, is also the huge support line- if you look at the chart I posted on ST this pm.

https://new.tradingview.com/chart/SUNW/1QQEMObW-SUNW-Entry-point-after-recent-run/

That support began at the low 1.85, and held until it broke- but then when it took off recently broke through it and it's held a few times- and today included.

So Now what? After the 3.10 low, it tested 3.11 and it held, then 3.12 held and it closed at 3.13. higher lows=good. On the recent uptrend we saw like 5-7 days up huge green- then one major tank- another so many green days, and another tank- this is the third tank... So again- what now?

Charts are showing something REALLY interesting....

Todays downward action pushed the RSI back below the key overbought 70... means it can go up again...

Also, very bullish is the 20 day MA is today touching and tomorrow will break through the 200 day MA.. very bullish. It's not the "golden cross" (50 crossing 200)- but still- its the "one less than the best" of bullish indicators. 20 crossing 200 hasn't been seen on the chart since late 2013. It crossed below it in 2014, and waffled a bit, but that was "going down" and this is going up.

The biggest bullish part of this is it is crossing a "rising" 200, not a falling.... so in the other chart I've posted on ST just now that shows what's falling off the MA's... you can see- the 200 is going to be sloping up for about 10 more days because we're well above whats falling off. At the end of that period, there's a big spike to 4$ falling off the chart- and that's the run to 4.20 right at the time of the last acquisition... (more on that in a bit)... So... the idea that if we have this home run ER, and the PPS spikes up about 40-50% on it and we have another spike to the 4.25 level...or even 4$... it means the 200 will go from rising, to flat, and then because what falls off after the run to 4.22, was a dip back to the high 2$'s... and after this stellar ER- with the trend being up- I don't expect the PPS to drop back to those levels, the 200 will "remain in bullish/rising mode"...

Because the 200 will be rising, flat, then rising again- and this huge ER run is happening, the 50, which is already on a huge upwards trend- will break the 200 around the end of August forming the golden cross on a rising 200. Around these times- is when I expect to hear the news blitz, The 4th acquisition, the patent...some more PT's... who knows- but this is going to cause the continuation of the uptrend, and potentially some bouncing off the 200 by the 50. Remember Q3 ER is supposed to be "the big cheese", and that being in Nov- should create another boost that will further distance the 50 northbound from the 200.

https://new.tradingview.com/chart/SUNW/6NikfM0O-Golden-cross-potential-showing/

On the warrants- the volume was 22K today- thats 20K$... and more volume than they've seen in a very long long long time... This tells me good things too.

Back to the acquisition- we all know there will be some dilution so that the new guys have skin in the game- maybe "some" debt though this time... cause guess who else has a PT on us? The same guys who did the secondary... it makes you wonder- could this investment bank who their website says specializes in , "capital raises" and a host of other things we're involved with, have anything to do with assisting in financing another acquisition?

Special Equities Group | Chardan Capital Markets:
http://chardancm.com/special-equities-group/

I think this is what happens- the trend is reversed- the ticker takes off on the ER- once we're back over $4 - acquisitions are on the table again.

The chart bounced upwards- and the news blitz continues the uptrend.

I think we could see 8$ by end of year maybe 10$. maybe not sustained- but at least touch or slightly surpass the old ATH to really make the chart look good and back to an uptrend... If not- def past 5$, and that $8.88 sooner than we all expect.

At $500 mil cap- that's 10X what we were a few weeks ago. Thats 10X the 2.-- so 20$??? In three years? Granted how much dilution to get us there...

The recent SA articles that spelled out how much that dilution would increase the EPS due to cash from warrant exercising and conversions etc.., and that's without any additional increases from accretive acquisitions.

My thoughts are simply that we'll bounce around- higher and higher- between acquisitions and other good news- more verticals... etc.. and the ticker will likely be in the high single digits by late 16, early 17, maybe the low-mid teens in a couple years. Wishfull thinking I know- but I gotta put my kids in college somehow right? hahaha

Lets see how tomorrow plays out. If we see more support- and it doesn't break below 3$ it'll attract much more attention going into the ER- the chart shows we might coil up for the next few days between 3.10-3.28.

For the grand scheme to play out- golden cross style, we simply need to maintain 2.75+... so there's a really solid cushion...

Long SUNW and SUNWW