From Schaeffer's Research:
Optimism is heating up on this solar concern, even as the stock slides lower
SunPower Corporation (SPWR: sentiment, chart, options) reached its peak price of $164.49 back in November 2007. Since that apex, the shares have taken a rather drastic haircut, and are down 41% year-to-date. However, the stock is hardly in free-fall mode; SPWR has bounced between the 60 and 100 levels throughout 2008. During this time, the equity's 10-month moving average has emerged as a staunch resistance level, while its nascent 32-month trendline has acted as support.
More recently, SunPower shares have turned lower amid rising concerns about a potential slump in solar-panel pricing for 2009....MORE
SPWR is up a penny in late pre-market trade (it was up almost two bucks earlier. Like the green sub-head?)