Reasons for bullish bias: - Price is at strong support - Price formed double bottoms on weekly - Entry at neckline breakout for further confirmation - Strong bullish divergence Entry Level(Buy stop): 106.25 Stop Loss Level: 58.17 Take Profit Level 1: 154.33 Take Profit Level 2: Open
Prominent bullish divergence with double bottoms indicating a bull trend beginning
SolarEdge ( NASDAQ:SEDG ), a prominent player in the renewable energy sector, finds itself grappling with significant challenges as it navigates through turbulent market conditions. Despite its innovative solutions and prior successes, the company's recent performance has been overshadowed by a slew of setbacks, including a stark downturn in revenues and a...
SolarEdge ( NASDAQ:SEDG ), once a stalwart in the renewable energy sector, finds itself at a crossroads as it announces a massive layoff plan, cutting 900 jobs – a move that underscores the harsh realities of a sharp decline in revenue. The company, which had witnessed an 80% drop in valuation, is grappling with unforeseen challenges, including postponed orders,...
The Invesco Solar ETF is based on the MAC Global Solar Energy Index (Index). The Index is comprised of companies in the solar energy industry. Wall Street investors have only short-sold the future of the planet! They have shorted all the players that could be a solution to climate change (personal opinion). With the upcoming U.S. presidential elections, I...
Sitting right at support and it can have a dead cat bounce towards 190. If it stays at current prices for few weeks, then may not be likely to bounce back.
A bullflag like this means more upward movement is coming This bullflag is massive! Im using the non-log chart to show its structure. Expect upsides once this breaks out.
Downtrending but with diminishing candle ranges and Dojis. The MACD oscillator has lines crossed under the histogram. Currently priced more than one standard deviation below VWAP and ready for entry. See also ENPH, SEGD, SUNW, and the ETF- TAN.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
SolarEdge Technologies Symbol NASDAQ:SEDG Market Cap 11.70B Short Float 3.18% Target Price 330.50 P/E 78.03 Trading idea Swing trade with 3 points of profit collection. #1 - Target Price = 260$ #2 - Target Price = 290$ #3 - Target Price = 330$ Simple trade, long inside the channel. As we see it has reached its support zone. Change of direction points. ...
big down trend break on TAN ( solar etf). retesting the break out now intraday. solar can really be the leader of next run when ever we get that. solar names like ENPH SEDG are 7-8% away from ATH's. extra ordinary relative strength. TAN is already up 15% in 2 days, so might be over heated in short term but long run looks really good.
I'm shorting it to the range of $140-$150. Don't ask me why, but this is what I'm doing.
Hey folks, happy weekends! SEDG seems to be forming a cup and handle pattern and we are currently in the formation of the handle! This is a stock to keep on your watchlist! Have fun trading!
Target 390, stop loss 277 SEDG setting up for a bullish continuation once it clears 327-330 Stochastic RSI primed for liftoff Not advice in the financial sense or whatever.
Solar energy ETF is currently breaking out of a descending triangle. There are multiple resistance levels to take into account. However, a measured move from the current break of the triangle, is taking us to $113 approximately, which is my mid-term target. MACD has been uptrending while the price has been downtrending, the divergence is bullish signal for...
Taking a look into the daily and weekly charts of $TAN. Additionally, I discuss a handful of index constituents. **Not Investment Advice**
Longs look good under green line, stops under white, targets above green. THIS IS NOT FINANCIAL ADVICE, THIS IS RECORD KEEPING ONLY. DO NOT BLINDLY FOLLOW THIS TRADE.