More downside first! Needs to test the bottom trendline of the descending broadening wedge before upside!
Renewable Energy Group was like a hype in the past year and emotional 1st wave of big cycle. We going into correction during this year. Target levels to start growing positions is $49-54 with opportunities to deep into the $41 around.
Nextera energy pointing toward new all time highs over the next 3 months.
12/26 MACD cross-over with CCI entry crossing 0 on weekly candlestick chart. Solaredge Technologies is down from peak of $68 and showing entry point at $38.03 on chart. Market Cap value $1.65B Enterprise value $8.4B Total debt -0- Free cash flow $150M Sales growth rate: 22% Expected value: $3.3-3.5B About: SEDG Israeli Solar company SolarEdge...