Sunpower (SPWR) Buy Level Approaching

 | Oct 15, 2019 02:34AM ET

Shares of SunPower Corporation (NASDAQ:SPWR) are down over 35% in the last three weeks. With the stock trading at $9.82, investors are wondering if now is the time to buy. Based on the technical chart setup, there is still more downside until a major gap is filled at $8.27. Once filled, this will likely see 20% upside. Note the stock chart below.

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