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Re: None

Wednesday, 08/30/2017 1:03:54 PM

Wednesday, August 30, 2017 1:03:54 PM

Post# of 63559
Some technicals about to flip bullish here. SAR about to flip and the Golden Cross is about to pop up again. The 200 had some highs fall off, and therefor fell a bit, and the 50 is right up there about to give it a smooch. If the action turns just the slightest bit bullish (Hint to IR, might be a good time to drop a PR....) the SAR flips, then the stock retakes the 50, and as the 200 drops the 50 overtakes it.

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.