We're seeing the exact same setup in shares of solar power systems maker SunPower (SPWR - Get Report), except this mid-cap solar name hasn't broken out yet. The breakout comes on a push through resistance at $34. When $34 gets taken out, buying shares becomes a high-probability trade.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts