Dear readers,

Some of you have sent me emails to express concerns whether I am still maintaining my blog, as I have not posted an article in the past couple of months. Thanks for the concern and emails. It warms my heart that there are readers who are actively following my blog. Something happened to my family which caused me unable to post articles on a timely basis. (My clients are still receiving some periodic short writeups on the market and specific companies during this period) Anyway, I am glad to be back to work this week!

This week, Sunpower’s (“SP”) price action and chart caught my attention.

Why did it catch my attention?

a) Bullish price divergence against the broad market

Recently, SP has been exhibiting bullish price divergence against the broad market. As STI and FSTS small cap index weaken to a two-week low, SP has closed …