MAXN Looks Ready for Another Swing Up
The long-term technicals with MAXN look very appealing. It looks like this ticker is ready for another upswing. There is a lot of profit potential if the price can climb back above $7.00.
There is a nice amount of bullish divergence on the daily candles. This is always a positive sign.
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Sandy222 : I bought 250 shares
SpyderCallOP Sandy222: nice. remember with a volatile name like MAXN, you would want to take a little profit off of the table from time to time to secure some profits.
Sandy222 SpyderCallOP: OK
LaLaB SpyderCallOP: Smart
Jesser Reyes : It will be that we will still have a bullish opportunity this year with maxeon.
SpyderCallOP Jesser Reyes: I still like the technical setup. It still looks like it is readying for a rebound on the longer timeframes. The rebound is not happening as fast as I would like. Possibly due to the poor earnings report last November. I still have a small position. If the price drops below 52-week lows, then I will reevaluate the position and decide if I still want to hold longer.