SEDG will hit 100$ in December and 115$ mid December, the chart is trending upwards, I don’t think it will fill the current gap at this moment as momentum is pushing it upwards with the first higher low
SEDG did anyone catch the 'abandoned baby' candle from Friday Aug 11? We actually saw something similar in Oct of 22 before the stock barreled upward. Also note that Fisher Transform is now up sloping, the sign of a pivot. I'm long and holding the back on a call debit spread, so I'm trying to justify staying in the position. That's my bias. What do others see?
SEDG looks to me like a technical bottom. A place where institutions will step in and defend. Note that compared to first solar, solar edge has a much superior price to earnings ratio.