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SEDG forming double bottoms

Long
SolarEdge Technologies, Inc. (BATS:SEDG)  
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BATS:SEDG   SolarEdge Technologies, Inc.
Support and Resistance Double Top or Bottom SEDG solaredge solaredgetechnologies nasdaq stocktrading
1
2
supportandresistance doubletoporbottom sedg solaredge solaredgetechnologies nasdaq stocktrading
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

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SEDG weekly view
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