JoelEzequiel

SEDG looking good for Bulls

Long
NASDAQ:SEDG   SolarEdge Technologies, Inc.
we are at a down part of a channel that is being consolidating for the last 7 months,
the lowest point of the year on this stock (200usd) was the initiation of this channel (around may 12) when it was in the middle of the golden zone (around 0.618 fibb)
we had visited the down part of the channel in july, october and couple of days ago. Every time we had made those visits, the EMA 200 had been broken but for short terms to rebounce and visit higher highs...
MACD indicator showing a perfect point for a long and RSI was completly oversold it on december 20, 2021...
Personally, this is one of my favorites stocks, the idea of clean energies around the world is something beyond trends and the awareness of the ppl about this topic is growing over time so i hold it for long term, for months...
whats your favorite stock beyond the speculative ones? what are the industries you would like to support more if you could choose? do you know any particular one that you would recommend about clean energies?
lets share!


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