ABC BullishNo bearish rising wedges noted in yearly chart which is unusual for a stock that has come this far up in price in this market.
SEDG is forming a HRZ and support may be found under that zone, but this is a volatile stock and if you do not like price one day, then wait until the next day (o: Loose stop is a good idea if you plan to hang with this one. I buy this one on pullbacks and add to my position.
Long entry level is a break of the BC line with a confirmed uptrend or a bullish candle formation. Long entry level can be subjective and should be above immediate R.
Patterns morph over time and patterns can fail. The only thing that never changes is change (o:
Not a recommendation.
