Does this chart indicate a potential period of consolidation before strong bullish momentum?
This is my first attempt at "detailed" analysis of a chart form my last few weeks of learning. Please be mindful of this. 😬
From the notes on my chart my analysis is that there may be a period of consolidation that might give a buy point of SEDG around 311.
Notes include...
Next up is SolarEdge Technologies, Inc. (SEDG), which is a leading semiconductor company. SolarEdge stock has been a huge winner over the years, as the company is quite profitable. When we decide on the strongest candidate for long-term growth, we consider many technical areas important to success, with a few for SolarEdge being:
YTD outperformance vs. market:...