SunPower Corporation (NASDAQ:SPWR) has been beaten worse than most other solar stocks. Compared to its peers First Solar (NASDAQ:FSLR) and SolarCity (NASDAQ:SCTY), SPWR is down much further.
While it may seem all doom and gloom for this solar name, a bullish signal flashed on Thursday. The daily chart is showing a bottoming tail, which is a bullish reversal candle that likely means a bottom is in the stock. Note the chart below.