Monday, April 25, 2016

METASTOCK LEIBOVIT VOLUME REVERSAL TUTORIAL FOR SUNWORKS - SUNW - APRIL 25, 2016

From the desk of top market timer Mark Leibovit:

SUNW (SUNWORKS) is down from $160 to $0.22 and then rallied to $8.00 and then retraced to just over $2.00.  The current rally was confirmed by a Leibovit Positive Volume Reversal last Wednesday accompanied by a rising 5/3/3 stochastic.  Support (stop) is at the recent $2.00 low. Upside potential is tough to gauge, but a push up to the $4.00-$5.00 range is not unreasonable over the near-term. 

Post a Comment