SEDG trade ideas
10/18 SEDG Earnings RunI usually don't like to post the ideas of others. You can't learn if you don't make your own mistakes and there is no satisfaction of accuracy if it isn't your idea.
I did like this forming a bullish triangle with earnings on 11/1.
As always I look forward to your comments for or against the idea.
$SEDG Ascending Triangle Breakout, Bullish Put Sale$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 $228. Even if there is a negative earnings reaction in early November, and subsequent drop in price...it's likely to catch support and bounce off this level.
Medium term price target: $400 by year-end (assumes a strong earnings report in early November)
Note: This is NOT investment advice.
SEDGE, take profit if you had bought in previouslyGreat run by solar edge. As predicted, but we did not enter
long over 315?id wait for a new wave of buyers to come in for confirmation if you really want to get in long, but it looks like the runs over here imo. at least in the short term! id be cautious
SOLAREDGE TECHNOLOGIES Chart DailyHello traders, SOLAREDGE TECHNOLOGIES is in a bullish continuation with low volume and on TIMEFRAME 4H we see a hammer bull candle. On the TIMEFRAME 1Min on observed a bullish continuity. Very likely to go on the last previous high, see the 15 min then the next objective on the next high. Who is also the daily and if the buyers are still there. You can get to the top after TIMEFRAME 15 Min.
Please LIKE & FOLLOW, thank you!
SEDG 2-Hour bullish momentumShould hopefully move above this trendline and then target 200 in the short-term, which is also the daily 20 MA.
$SEDG Consolidating and Resisting Trace-Down to Fill "Gap" $SEDG - like many others in the NE sector made a massive leap (circled red region). Now, it is time to see if it retraces that gap and hits the trough of it (Marked with an "X") -- or if it hits a consolidation period to be followed by even more parabolic action (UP OR DOWN).
The harmonics here are quite a gamble, but the overall trend upwards over the last six-months provides a solid basis for expecting: CONSOLIDATION, followed, by a leap back to the top of the gap, and possibly beyond...
That is to say, THIS IS A LONG. No sell-target pinpointed yet; that info will follow after the trend begins to solidify one way or the other.
Good luck and happy trading!
-BDR
SEDG:NASDAQ - SOLAREDGE TECHNOLOGIES - Up 170%SolarEdge is a global leader in the development of solar and smart energy solutions. With a bit of a recent pullback, if it resumes its run could be well worth a look.
C&H/Has Fallen Out of Rising Wedge Pattern and on the MoveSedg, which I had posted a few weeks ago, was in a rising wedge pattern (and I failed to notice it )o:
Anyway, after a gigantic pull back, the stock has regained itself. Not as risky as TSLA, but is SEDG is also a volatile stock
It is past hypothetical break out at 144
Hammer on monthly The 50, 100 and 200 SMAs are all in the correct position and the 5 is on the verge of crossing up through the 10 ..I like that (o:
Earnings 8-5 AMC
Possible Targets: 157,172,190 and 204
A gr8 reward if I can hang in there (o:
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.
