Wednesday, August 30, 2017 1:03:54 PM
Now if we can get some continued momentum, or at least support, by the time the next ER comes out if we see continued progress on the fundamentals, while posting another net profit, the stock should continue to track sideways, while the 200 continues to flatten out. Come end of year if something bullish should happen, the 200 would begin an assent with the 50 above it.
Now if the tariffs come to fruition, everyone will panic sell, but these guys have been talking about the tariffs forever, so I'd be hard pressed to believe they have no plan in place to protect themselves from the effects of that event occurring.
I'm still bullish here, short term technicals are ready for another run, and the fundamentals haven't gotten any worse, so more good news from the company will certainly push this higher, regardless of macro conditions that are hampering just about everything right now.
Long SUNW, SUNWW
Only invest what you want to lose.
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