SunPower (SPWRA) Downgrade Alert, Watch for 4.2% Technical Uptrend Reversal
Friday, March 19, 2010 - 09:12
Written on Fri, 03/19/2010 - 9:12am
By Chip Brian

SunPower (NASDAQ:SPWRA) downgraded to Hold from Buy at ThinkEquity. The stock closed yesterday at $22.04 on volume of 2,531,694 shares, above average daily volume of 2,412,587.
SunPower is currently above its 50-day moving average of $21.23 and should find resistance at its 200-day moving average of $25.65.
SmarTrend is bullish on shares of SPWRA and our subscribers received an Uptrend alert on March 11, 2010 at $21.16, which has returned 4.2% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): SPWRA

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