Reasons for bullish bias: - Price is at strong support - Price formed double bottoms on weekly - Entry at neckline breakout for further confirmation - Strong bullish divergence Entry Level(Buy stop): 106.25 Stop Loss Level: 58.17 Take Profit Level 1: 154.33 Take Profit Level 2: Open
Prominent bullish divergence with double bottoms indicating a bull trend beginning
SolarEdge ( NASDAQ:SEDG ), a prominent player in the renewable energy sector, finds itself grappling with significant challenges as it navigates through turbulent market conditions. Despite its innovative solutions and prior successes, the company's recent performance has been overshadowed by a slew of setbacks, including a stark downturn in revenues and a...
SolarEdge ( NASDAQ:SEDG ), once a stalwart in the renewable energy sector, finds itself at a crossroads as it announces a massive layoff plan, cutting 900 jobs – a move that underscores the harsh realities of a sharp decline in revenue. The company, which had witnessed an 80% drop in valuation, is grappling with unforeseen challenges, including postponed orders,...
Array Technologies - NASDAQ:ARRY Aksel Kibar from TechCharts was the first to cover this trade and after looking over his brilliant analysis which I highly recommend you review, I have added some of my own observations. - Price is above the 200 DSMA & POC giving us good underside support and good areas thereunder to place a stop. - My targets align...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Longs look good under green line, stops under white, targets above green. THIS IS NOT FINANCIAL ADVICE, THIS IS RECORD KEEPING ONLY. DO NOT BLINDLY FOLLOW THIS TRADE.
*** This is just for educational purpose. It is not an investment advice. I am just sharing my own analysis. Thanks for watching. Follow if you like.
$SEDG SolarEdge broke out today and closed above recent resistance just under $310. Expecting to see a strong follow through move near term heading into earnings. Unusual Options Activity Today - Bullish Put Sale $8.6M in $200/$220 strike (OTM) March'21 puts traded today (18x OI/5x OI) In my opinion, this is a great trade because there is strong support around...
Great run by solar edge. As predicted, but we did not enter
I predict to $210 level, but I might be wrong. I am not in this trade so, please trade with caution.
One of my trend retracement strategies . Average win Rate 50 - 80%. Long 84.20 Stop Loss 79.50 Profit target at 2 times the stop loss. 93.83