Sedg has had a great run and has been recently testing the top end of the range. Range highs and lows are always potential phase transition points. We will either see a reversal back into the range or a further breakout. Given the stocks recent big move and the overall sentiment in the solar space I am less confident about the breakout but I am still on the...
We're taking profits in the Solar ETF ticker TAN following a rapid run from an Extreme Turn BUY on Dec 16. Aggressive traders might look at initiating a tactical short on the Extreme Turn SELL signal that triggered our exit. The two largest components of TAN are SEDG and ENPH that both have charts that not surprisingly look the same as TAN and are both into areas...
Monthly Uptrend since 2019 it green energy stock Weekly In uptrend corrected 4H I will wait for retest above level 250 and open Long Open 252 SL 220 TP 335 RR 2.8 Buy only when retest fnished and uptrend has power
If you had a rough week or 2, you are not the only trader! The weekly chart confirmed a double top, then we backtested 320, which is a level of support from June 2020. 326.55 needs to hold, so we have a higher low on weekly timeframe. Daily timeframe, I was looking for a cup and handle, but the handle failed after FANG reported ER's Oct 28th. I was following my...
It looks like TAN the solar ETF is ready to break to new highs. Very bullish. The solar sector has been very lucrative lately. IF TAN breaks above the horizontal red line indicated by the previous high it should find traction. The price is currently above all the supporting averages. Volume is building.
$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...
$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...
Might have a chance of testing the 50% fib level
$SEDG has broken out of its channel after delivering a strong Q4 earnings beat. SolarEdge Technologies (NASDAQ:SEDG): Q4 Non-GAAP EPS of $1.65 beats by $0.40; GAAP EPS of $1.03 misses by $0.02. Revenue of $418.2M (+58.6% Y/Y) beats by $4.4M. SolarEdge (NASDAQ:SEDG) reports Q4 beats with 59% Y/Y revenue growth. Solar product revenue totaled $389M, up 60%...
"Trend is Friend" strategy with indicators 200 EMA and MACD, My long open position is near to hit the Take Profit. So be patient and following the trend.
One of my trend retracement strategies . Average win Rate 50 - 80%. Long 84.20 Stop Loss 79.50 Profit target at 2 times the stop loss. 93.83
SEDG is consolidation near all time hghs created an ascending triangle formation break above today with strong momentum
Bullish uptrend with beautiful support Let's see what the 13-F will show us.
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...
We like how the Solar Sector is trading separate compared to the rest of the market right now so we entered this trade today. We are hoping for this to be a longer term swing trade for us but it depends on the price action. The momentum looks nice to the upside and I decided to post the weekly chart on this to show the strength in this current move. Good luck to all!
After a serious slump we see some life in SEDG. Stock went through a constructive bottoming phase with three retests on low volume followed by surges of accumulation. Last three swings show higher highs and higher lows. Yesterday the stock bounced off the 50d SMA and surged through major resistance at 14.50. It is now trading at the next major resistance level...