SEDG is trying to break the neckline. Long entry level is a break of the neckline with an uptrend. This am it does appear a candle body is peeping over the neckline. I just looked at price, and it is at 266.04 at this second so is above the neckline. There is not a discernible uptrend yet which is another stipulation for long entry level.
Possible stop under...
SEDG is showing a room from an upside move inside the downward channel after retreating from the lower boundary of it.
Prices could target $260 and $273.25 respectively.
➡️Pattern recognized:
Running flat
➡️Hypothesis:
Bullish
➡️Inter-market analysis:
➡️Conclusion:
LDC fractal on lower time frame. Buy calls expiration minimum 3 months.
***This does not constitute financial advice.***
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I believe now would be great time to buy calls for SEDG leading up to earnings. Fractal formed on the lower time frame. This is my signal to start buying to open calls. For those of you who recently followed me, I depend on fractals as a signal for entry. I use a method call Modified Elliott wave analysis.
Inter-market analysis 👇
Asset and Time frame -4H,SEDG
Entry Price -253.94
Exit(Stop Loss) - 232.89
Exit(Take Profit) -315
Technical Analysis -Price is moving inside a bearish channel and reached the bottom of the channel,also the price reacted to the -27.2 Fibonacci level with a good bullish candle, this will be a short moved since the market is really unpredictable at these times, I...
Possible Targets 2: 466 to 530.
Targets 2 are long term targets and perhaps a good idea to focus on targets 1 (o:
The Gartley is a common pattern in the markets. B is at the .610 retracement of the XA leg. Sedge is a few dollars short of this but the landing pad, D, was right on target at the .786 fib level. The Gartley pattern, a harmonic pattern, is a...
Longs look good under green line, stops under white, targets above green. THIS IS NOT FINANCIAL ADVICE, THIS IS RECORD KEEPING ONLY. DO NOT BLINDLY FOLLOW THIS TRADE.
Asset and Time frame -SEDG,4H,Daily
Entry Price -301.79
Exit(Stop Loss) -282.64
Exit(Take Profit) -364.96
Technical Analysis -Price has bounced from the daily confirmed channel and the 100 MA and on the 4H chart a massive hammer pattern but without confirmation, the market sentiment at the moment is bearish for almost all of the tech sector, would recommend...
No bearish rising wedges noted in yearly chart which is unusual for a stock that has come this far up in price in this market.
SEDG is forming a HRZ and support may be found under that zone, but this is a volatile stock and if you do not like price one day, then wait until the next day (o: Loose stop is a good idea if you plan to hang with this one. I buy this...
The stock has seen positive momentum over past 2 days and looks set to break out. Once $332 is taken out with strong volume, look for it to retest its ATH
