Sunpower Group (SGX: 5GD) upside is marked by an incomplete wave 3 of the minor phase. As such, we are positive that Sunpower will be heading beyond $1.00 in the long term. Technical also indicate that the bullish sentiment will continue.
*Timeline of the trade is 4 weeks from the date issued.
Red dotted line = 200-day moving average
Green dotted line = 22-day moving average
Blue dotted line = 50-day moving average