NYSE:SE Solar Edge broke out of a Cup and handle on daily and 4 hours time frame . My target is 109-110 on the long run if we respect the 75 area which is a neck line otherwise it could be great short opportunity
... new highs are in our near future?
We shall see, the hidden bull divergence type look (positive reversal) is slight, but could be enough to signal a turn around and a low is in.
Keeping an eye on it!
Fibo
Based on the teachings of Andrew Cardwell and Constance Brown regarding positive reversal scenarios, we possibly see a nice example in ETH/BTC here. I have marked the key points with letters. The low marked 'x' is a higher low than the low marked 'w'. The RSI shows a lower low, meaning that PA is considered oversold quicker than before. This is called a positive...
As the company has been experiencing a worrisome valuation over the last year. (Especially regarding their revenue stream and quanitification of their approach towards the years to come). Be diligent however, there is always some room for support.
Not Investment advice. For educational and Analytical obeservation only.
Positive Reversal on Daily.
Weekly is positive.
Volume is above 50day-avg
Valid 3T VCP -0.24% (Mark Minervini Concept).
$CGC is a licensed producer of medical marijuana 0.00% in Canada.
Drug Manufacturer - speciality 6.34% (HealthCare)
Type: Mid-Growth
#Entry at breakout of $36.00 with volume on daily frame.
Stop at $33.33 (or -8%)
