important level test!Solaredge is going to be tested tomorrow on both it's trend line and it's fib retracement important level, the solar sector is cooler than it was last month, but we definitely can see a major upmove in the stock. what do you guys think? NASDAQ:SEDG Longby guygo1
IdeaHI Just wondering if i did this right, I figured the support on $SEDG as it tested three times and bought the share at that point. Did i do that right?by praveennaluri0
SEDG LongRiding up-channel. Retracement down to .318 and just closed above .618 fib. Green energy sector looks like its cooled down and ready to run again. Longby iTsKeNN3
My First Chart Analysis. Bullish GREEN Stock? Advice Welcome...Does this chart indicate a potential period of consolidation before strong bullish momentum? This is my first attempt at "detailed" analysis of a chart form my last few weeks of learning. Please be mindful of this. 😬 From the notes on my chart my analysis is that there may be a period of consolidation that might give a buy point of SEDG around 311. Notes include positive indications. Longby jordanhallpikeUpdated 2
Cup and HandleSEDG has reached 335.8 and pulled back close to long entry level.. Solar seems to alternate days..feels like one day they all go up and the next day they all pull back .. Support can be found under HL/Handle low and MC/Mid cup.. Cup low is 190.10 so this is a fairly deep cup.. Targets are calculated using cup depth and added to the long entry level using fib levels Not a recommendation Known to be volatile and if you do not like the price today, then just wait until tomorrow (o: No rising wedges noted in yearly chart. OBV and NV are high which shows interest. Short interest is 5.94% approximate/depending on where you look Longby lauralea5
Right on the edgeSedg has had a great run and has been recently testing the top end of the range. Range highs and lows are always potential phase transition points. We will either see a reversal back into the range or a further breakout. Given the stocks recent big move and the overall sentiment in the solar space I am less confident about the breakout but I am still on the sidelines for now waiting for a more definitive close in either direction. by IngenuityTrading220
$SEDG SolarEdge Tech Breakout Trade setup Potential breakout trade opportunity . Alert set for $318 for potential entry Target price $352 - $370 Volume bullish. Moving Averages rising support.Longby Bullishcharts1112
SEDG - December 20, 2020SolarEdge Technologies Inc. provides solar power optimization and photovoltaic monitoring solutions worldwide. Last week's uptrend was driven by improving wall street sentiment, evident through price target upgrades from numerous institutions, including from $ 239-315 at JP Morgan. Solar stocks across the board have begun to benefit from the increased emphasis on a solar future from president-elect Biden and his incoming administration. Look for this stock to build off it's recent momentum with potential for short term upside.Longby AptitudeFinancialAdvisory111
SEDG over 294.00Whether or not we get a rotation back into solar, this chart looks set up for a breakout over this level. Looking at this on the hourly, there was a larger move that was given back that you can also see on the daily upper shadow. As this has found support at the fib, I think this hints at future movement.Longby SpinTradesUpdated 221
Double BottomKnown to be volatile and is a ways over long entry level .. Perhaps patience and waiting for a good entry level will pay off...Hard when you really like a certain stock. I have done so before and then never caught the stock )o: But another time comes around as nothing goes straight up forever. Sometimes it seems that way, but I remember when I thought this one would never come down...but it did. The double bottom is a trend reversal formation. It may not be near the yearly, monthly or weekly bottom for that security. but it would most likely occur after a significant pull back These formations occur after extended downtrends when two valleys or “bottoms” have been formed. Price forms two valleys because it possibly found strong S and does not go below a certain level. As a rule, the second bottom isn't able to significantly break the first bottom. This is a sign that the selling pressure is about finished, and that a reversal is about to occur. Caution though, as there can be multiple bottoms..ie... FDX traded in a multiple bottom pattern for a long time. EHTH fooled me recently by falling down again. We just never know. Short interest is usually on the high side for sedg, possibly due to the volatility. NV and OBV are high. I do not see any rising wedges in the yearly chart Happy Trading (o: Longby lauralea1
SEDG 20% of downside aheadfrom technical/statistical point of view SEDG has 20% of possible downside relative based on relative analisis with other solar stocks Investors was way too optimistic, all solars are overvaluated, SEDG is one of top 5 for sure company is overbought on rumors, going much deeper on factsShortby solidBus76050Updated 0
SEDG, Cup-and-Handle (bullish)I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 72% TARGET (EXIT) PRICE = 247.34 USD BREAKOUT (ENTRY) PRICE = 233.46 USD DISTANCE TO TARGET PRICE = 5.80% EMERGED ON = Nov 18, 07:00 AM (EST) CONFIRMED ON = Nov 18, 12:34 PM (EST) WITH CONFIDENCE LEVEL = 81% Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the upward breakout price/entry point. To identify an exit, compute the target price for the Cup-and-Handle pattern by adding the pattern’s height (the difference between the highest high and the bottom of the cup) to the price at the right cup lip. The confirmation move is when the security moves past the breakout price above the right cup lip. To limit potential loss when the price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price. The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. The declining handle potentially forms due to mounting selling pressure created when the security tests its high at the right cup lip. After the sellers give up, the security has the potential to break out to the upside.Longby AlTorress223
Solar EDGE wait for retest above 250. and LONGMonthly Uptrend since 2019 it green energy stock Weekly In uptrend corrected 4H I will wait for retest above level 250 and open Long Open 252 SL 220 TP 335 RR 2.8 Buy only when retest fnished and uptrend has powerLongby DmitryZZZ2
Cup And Handle Correction After Fall From Rising WedgeI would not guess today will be a good day to buy this...but I do think she has some steam left in her Volatile stock so if you want it, there will be plenty of pull backs Not a recommendationLongby lauraleaUpdated 5
SEDG longSEDG had massive selloff today and down 20%. The monthly, weekly, and daily all show SEDG in an up channel. The sell off puts SEDG at the bottom of the up channel. If it holds support, this should be a great long. Fib extension shown BUT only applies if this is the true U-turn. If so and holds support right here at the bottom of the channel the fib extension would be to $430. Huge upside. ENTRY: Wait for a counter-trend line break on the Daily Chart. (Shown in light pink). LIMIT: Slightly below the bottom of the channel. EXIT: Fib extension. (Tentatively $430 for position traders). Extra assurance: Fundamentals: This is a solar company that makes inverters. The inverters are industry standards and awesome. They have YOY increasing revenues and gross profits. Todays sell-off was due to "lowered guidance" and markets love to punish for weak future guidance. THEREFORE, with strong fundamentals and an aligned technical chart analysis, this seems to be a great investment opportunity. Furthermore, with Biden favored to win, the green energy sector will likely benefit. Longby fchawlaUpdated 0
The wave of short selling is over. Time to get on the train?High risk/High reward kind of deal. Buy @ $180-200, TP $300-320, SL $170.Longby Heist_FlyZ4
Volatility ahead!The presidential election, earnings report economic uncertainty, and so on... These things all represent a great risk for this stock, but it definitely worth takes a look. There are great potentials in both directions, we just have to watch the signs... Trade safe! by benedekdomotor0
Bull flagging with room aboveConsolidating after remarkable strength, room up to the confluence of the fib and Bollinger band on more strength in solarLongby SpinTradesUpdated 0
Potential Revenue Beat of up to 30%EPSBeat algorithm has detected a potential revenue beat of up to 30% on ticker NASDAQ:SEDG . NASDAQ:SEDG is set to report third-quarter 2020 results on Nov 2, after market close . EPSBeat's algorithm has successfully predicted 13/14 earnings beats for the week of Oct 26 . The tickers that beat were NYSE:CHGG , NASDAQ:HSII , NASDAQ:HSTM , NYSE:TNET , NASDAQ:HLIT , NASDAQ:FEYE , NYSE:FVRR , NASDAQ:EEFT , NASDAQ:AVT , NASDAQ:WDC , NYSE:TAP , NASDAQ:OSTK , NYSE:SHOP . The ticker that missed was NYSE:RL .Longby EPSBeat331