Its going to repeat what I labled as round 1 on the chart (proportionally), explosive +80 point run from here. This is a beautiful and simple setup - run what works.
~ Coach Knute Rockne
Inverse head and shoulders as well which must break the neckline with a trend to the upside to meet long entry level.
Earnings were yesterday. The news does not always equal the reaction so time will tell.
The triangle is neutral until a trendline is broken with a trend in the direction
No recommendation.
The market can be irrational and sometimes everything...
The PEAD projected a Bullish outlook for $SEDG after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
Hey folks, happy weekends!
SEDG seems to be forming a cup and handle pattern and we are currently in the formation of the handle! This is a stock to keep on your watchlist! Have fun trading!
Target 390, stop loss 277
SEDG setting up for a bullish continuation once it clears 327-330
Stochastic RSI primed for liftoff
Not advice in the financial sense or whatever.
$SEDG 7 weeks up straight from the bottom. Remember what O'Neil says about stocks that are up 5 + weeks in a row?
The pivot can really use few more quite days. Would love to get on this name but need a low risk point to do so.
Will be watching it. A potential solar leader.
Flag Momentum Burst entry, long, 1R Target.
Established uptrend
Strong, linear move
Volatility contraction moves back into the channel
Negative day prior to breakout
Entry on momentum candle -
Should see candle close near the high in order to hold and expect to see follow-through, otherwise move stop up tightly or close.
With the Russia-Ukraine conflict and oil prices skyrocketing, solar stocks have been rising as well. We saw a perfect bounce at 200 and could see a really all the way up to 379. Depending on the news, may be able to push to ATH.
I like the overall running flat correction and i think its time to go up. I am going to watch the Wave 1 and 2 formation before going long in a week or so.
I'm using this as a guide to play earnings. I think earnings are priced in after the move seen in conjunction with with ENPH. Its possible the surprise is enough to move the entire channel up with a bottom around current levels but I think we're more likely to see some guidance around margins being squeezed so we will probably have to wait a few quarters to retest...
Today on Groundhog Day 2/2/22 Punxsutawney Phil predicted 6 more weeks of Winter weather instead of early Spring weather. So, what does that have to do with the stock market? Absolutely nothing. But it is a good segue into a possible renewable energy rotation from fossil fuel energy by March. Winter officially started on December 21st and it ends on March 20th....
we are at a down part of a channel that is being consolidating for the last 7 months,
the lowest point of the year on this stock (200usd) was the initiation of this channel (around may 12) when it was in the middle of the golden zone (around 0.618 fibb)
we had visited the down part of the channel in july, october and couple of days ago. Every time we had made...
