SolarEdge Technologies, Inc.
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SOLAR EDGE REVERSAL & POTENTIAL BREAKOUT

407
Solar Edge (SEDG) has printed a massive cup and handle bottoming pattern at historic support level and is not trying to break above a significant S/R zone. 🌞

with big tech blowing all their cash on data centers for AI that nobody really wants nor needs, investors are rotating into energy, and it looks like some renewables are a part of that mix (and rightfully so).

This idea is invalidated if it fails to hold above the highlighted zone.

Just a quick post - pick your own targets, traders :)

CD
İşlem kapandı: hedefe ulaştı
This played out quite nicely. ^I didn't even mention the big earnings surprise that surely supported the idea. This may help the uptrend continue. I'm wary of chasing green candles but will be looking to reenter
Not
Worth noting that this major S/R zone is currently being retested - We shall see if it provides support for the next leg up, or if it will it break down

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.