I am looking to take a trade on this one on Monday morning if the volume and activity of the day looks promising pre-market. Looking to make an entry at $4 and will scale back positions as it goes.
I see some heavy resistance around the 4.39 zone but believe we can see a good climb up from there if we can break and close above it.
Personal thoughts on this stock and not financial advice
SPI Energy Co. Ltd. engages in the provision of photovoltaic (PV) solutions for commercial, residential, government and utility customers and investors. It also focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The company was founded on January 4, 2016 and is headquartered in Shanghai, China.
I see some heavy resistance around the 4.39 zone but believe we can see a good climb up from there if we can break and close above it.
Personal thoughts on this stock and not financial advice
SPI Energy Co. Ltd. engages in the provision of photovoltaic (PV) solutions for commercial, residential, government and utility customers and investors. It also focuses on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. The company was founded on January 4, 2016 and is headquartered in Shanghai, China.