Renewable Energy Group was like a hype in the past year and emotional 1st wave of big cycle.
We going into correction during this year. Target levels to start growing positions is $49-54 with opportunities to deep into the $41 around.
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...
