Spark Energy, Inc. ( $SPKE ) is one of the super and best stock to buy and offering possible buying price between $10.86 – $11.40, as of June 14th , 2019. Let’s look at the stocks technical actions using a weekly chart.
2. The stock was on a long consolidation. It was dancing around the 50 day moving average line.
3. The stock tried to breakout back in march, but it failed quickly.
4. The stock finally breakout few weeks ago.
5. The stock had more accumulation volume than distribution.
6. The stock appeared to be in a quick consolidation.
7. The stock also found support at the 50 DMA.
8. The potential buying price would be $10.86 – $11.40 with a stop loss at $10.
