Symmetrical Triangle - (Update)

141
See Previous Charts-
- Buyer volume picking back up, has had nice relative strength compared to others in the sector
- MACD cross

syot kilat
Looks like SEDG has finally bottomed after quite a long, and in my opinion a much-needed pullback. SEDG recently was upgraded by Goldman Sachs, will be looking for long entries as there appears to be a Cup and Handle forming as well, bullish
PT1- 260.77$
PT2- $270+
(Boxes are RSI based Supply/Demand zones)

syot kilat
After consolidating in a long regression trend for quite some time, SEDG is holding within a triangle while forming an inverse head and shoulders, (orange- neckline). SEDG has earnings on 8/3' along with ENPH. Looking for a run-up to ER. Both previous price targets hit, undoubtedly a long-term play should provide multiple good entries. Bullish

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.