SEDG/N trade ideas
SEDG - for the long-term, with a short term analysisI haven't purchased this stock yet because my portfolio already has a few energy stocks in it, but this is a high performer in its sector and will reconsidering overloading in that sector, keep for long-term. Portfolio management, right? The price is a good opportunity as it's undervalued.
Couple things to note on the chart:
- there's a gap to fill and the stock looks to be trying to correct this
- the lower Bollinger band has already been pierced and the stock is following those rules, supported by a rising RSI (currently at 48). I look for rising RSI in the ranges between 40-50, to get in before it's overbought
- after the pierce, we have two hollow candles (upward trend)
- but caution on the volume. SEDG normally trades 1m average but I'm suspecting this where the sellers are exhausted and accumulation is starting over.
- stock is now at a former point of strong resistance. Bust through that and it's on to the longer-term trend (wedge)
Cup & HandleSolar is on the move!
This one broke out last week/breakout was 144ish
My Stop is 135.5 but tighter depending on tolerance as long as stop is under handle low
Target 1: 172 to 193
Target 2: 240 to 260
Trade at your own risk. This is a volatile one (o: ENPH often follows this one
TIGHT BASE SEDG BUY LONG TERM 150.70$Next up is SolarEdge Technologies, Inc. (SEDG), which is a leading semiconductor company. SolarEdge stock has been a huge winner over the years, as the company is quite profitable. When we decide on the strongest candidate for long-term growth, we consider many technical areas important to success, with a few for SolarEdge being:
YTD outperformance vs. market: +54.10% vs. SPY
YTD outperformance vs. technology ETF: +41.79% vs. XLK
Historical big money signals
On top of a great long-term technical picture, one should also look under the hood to see if the fundamental picture supports a long-term investment. As you can see, SolarEdge has solid fundamentals:
Three-year sales growth rate: +44.32%
Three-year earnings growth rate: +37%
Finviz
SEDGE, where do I think price will go?I predict to $210 level, but I might be wrong. I am not in this trade so, please trade with caution.
SOLAREDGE, I was punished badly.I did not managed to enter on a 2nd chance which the market gave me and we missed out on it totally.
Long $SEDGNASDAQ:SEDG
Long $SEDG.
Fundamentals are solid --
"Three-year sales growth rate: +44.33%
Three-year earnings growth rate: +37.01%" - SOURCE( www.investopedia.com )
Risks to thesis:
1.) Overall market $SPY trends down due to Corona and/or economic downturn concerns.
2.) Further uncertainty in the oil markets which keeps pushing down the price of oil. In the short term, these lower oil prices make oil appear to be a more attractive investment than alternative energy sources.
Most likely will trend down back to the support level at ~ $70.
Entry is at $70 or if it breaks this consolidation on nice volume.
Stop is at $64.49
Target is 52 week high at ~ $143.
P/L = 7:1
SEDG Solar EdgeThis is a great industry but our producton and installation ability is on the ropes. Look for big buys in the larger green box. Pls do your own research. Not investment advice.
BUY BUY BUY!!! SolarEdge [SEDG]To my mind - SEDG the best solar company for now!
Very cheap stocks to buy.
However maybe it will plunge more due to low oil prices impact on the whole solar energy sector, but it does not matter me. I will buy at any lows it hits from now.
Be cautios, the stocks is volatile! Don't put all your eggs in one basket!
$SEDG Breaks Out, New Highs Likely$SEDG has broken out of its channel after delivering a strong Q4 earnings beat. SolarEdge Technologies (NASDAQ:SEDG): Q4 Non-GAAP EPS of $1.65 beats by $0.40; GAAP EPS of $1.03 misses by $0.02. Revenue of $418.2M (+58.6% Y/Y) beats by $4.4M.
SolarEdge (NASDAQ:SEDG) reports Q4 beats with 59% Y/Y revenue growth. Solar product revenue totaled $389M, up 60% Y/Y.
Gross margin was 35.5%, up from 30.9% in last year's quarter. Gross margin for the solar business was 37.8%, up from 32.8%.
Operating expenses rose 15% to $63.1M.
The Q1 outlook sees revenue of $425-440M (consensus: $389.26M), solar product revenue of $405-415M, and gross margin of 32-34%.
The best trade setup is a buy above yesterday's high of $128.80 a share. We will be watching.
As always, trade with caution and use protective stops.
Good luck to all!
SEDG supportedSEDG bounced hard off the daily support level and left a decent sized gap from the correction earlier this week. Good day of bullish action, looking for a small revival of the trend heading into earnings.
SEDG - Long Take Profit Near to Hit"Trend is Friend" strategy with indicators 200 EMA and MACD, My long open position is near to hit the Take Profit. So be patient and following the trend.
Back to the 80's, 18+ (not for kids)$EDG
Double top.
Not a lot of volume on todays market, so might take a red day with a grain of salt. Or at least consider that the prior days bull volume has been greater than todays volume.
Likely scenario is a bit of consolidation with low volume in the christmas period for 3-4 days to build a base, and then blow up, out of the ascending parallel channel, before making a move down.
Or we come back the next days with greater volume and close lower than today, heading straight down, like pictured.
Currently, 15.9% of the shares of the company are sold short
Q3 and Q4 shows an increase of insider selling and no buying, ownership 7.90%
Institutional shows more buying than selling in the same two quartes, currently owning 79.82%
SEDG LongOne 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
SEDG LongSeen strong support, fall strong on earning,
Mostly played by big hedge fund,
Started strong uptrend after earnings.
