S2ED34 trade ideas
SEDGEntered position at -2 sigma. Bullish on the sector as a whole, TAN appears to have broken through a cradle.
Slide into earnings post infrastructureInfrastructure bill is set to pass or fail on Thursday 9/30. This is a technical analysis into earnings post infrastructure. Current nice trend line - and a pennant forming. We are almost at the end of the pennant and based on previous behavior I have charted what candle patterns could develop post infrastructure and into/out of earnings. The company is fundamentally sound with a good balance sheet, no reason to see this pull back unless it is with sympathy of Fear Uncertainty and Doubt of the current market conditions (debt ceiling and inflation sentiment).
Symmetrical Triangle - (Update)See Previous Charts-
- Buyer volume picking back up, has had nice relative strength compared to others in the sector
- MACD cross
Looks like SEDG has finally bottomed after quite a long, and in my opinion a much-needed pullback. SEDG recently was upgraded by Goldman Sachs, will be looking for long entries as there appears to be a Cup and Handle forming as well, bullish
PT1- 260.77$
PT2- $270+
(Boxes are RSI based Supply/Demand zones)
After consolidating in a long regression trend for quite some time, SEDG is holding within a triangle while forming an inverse head and shoulders, (orange- neckline). SEDG has earnings on 8/3' along with ENPH. Looking for a run-up to ER. Both previous price targets hit, undoubtedly a long-term play should provide multiple good entries. Bullish
Bullish- LongLooks like SEDG has finally bottomed after quite a long, and in my opinion a much-needed pullback. SEDG recently was upgraded by Goldman Sachs, will be looking for long entries as there appears to be a Cup and Handle forming as well, bullish.
PT1- 260.77$
PT2- $270+
(Boxes are RSI based Supply/Demand zones)
Bullish- Long PlayAfter consolidating in a long regression trend for quite some time, SEDG is holding within a triangle while forming an inverse head and shoulders, (orange- neckline). SEDG has earnings on 8/3' along with ENPH. Looking for a run up to ER. Both previous price targets hit (see previous chart), undoubtably a long-term play, should provide multiple good entries. Bullish
PT1- $274.79
PT2- $283.67
PT3- $290+
Looks like SEDG has finally bottomed after quite a long, and in my opinion a much-needed pullback. SEDG recently was upgraded by Goldman Sachs, will be looking for long entries as there appears to be a Cup and Handle forming as well, bullish .
PT1- 260.77$
PT2- $270+
(Boxes are RSI based Supply/Demand zones)
Inverse Head and ShouldersSEDG 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 right shoulder. I also see support at the thin green line I drew.
There is a 3 outside up pattern close to the bottom which basically confirms the green engulfing candle by sending another green candle to the upside. This is a 2 candle pattern.
You can measure from the head to the neckline and draw a vertical trendline connecting them, then using the magnet, project that trendline upward from the neckline to get a guesstimate of where this may go. Any pattern can fail.
Previous head and shoulders top pattern, but appears SEDG is recovering. You can measure from the head to the neckline on a head and shoulders pattern and project it downward to get an idea of how far price may fall in the same, but opposite way that you measure an inverse H&S.
SEDG is known to be volatile
No recommendation
An Upward correction on SolarEdge SEDG
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.
SEDG seems to be entering a trend SEDG breaks through Fractal Chaos upper band, Hurst exponent > 0.5, Stochastic indicates oversold and MACD indicates rise.
Are we in impulse Wave 3 of Wave 5 ?To me it looks like we are heading towards $400. Its supported by many analyst's and currently looks to be in Wave 3 of Wave 5.
SEDG 🌦➡️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.***
If you like what you see why not support us?
👇
SEDG🌦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 👇
SEDG 08-03-2021 LongAsset 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 entered the position risking 0.75% instead of 1%, stay safe :)
Good luck,
I would like to hear your opinions and feedback, with thanks, Aviran
GartleyPossible 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 retracement and continuation pattern that occurs when a trend temporarily reverses direction before continuing on its original course. There is also a bearish version which would look like a crooked W and starts with a leg down verses a leg up (XA).
This is also an AB = CD pattern and if you think you are looking at a Gartley, draw your AB leg, then using the magnet, move it to start right below C. There are other harmonic patterns that can follow close to the same pull back of XA on the AB leg, so you do have to wait for the landing pad to know for sure (and nothing is for sure in the market) LOL. There is often volatility when a security is trying to find the point of completion. But you can start trying to figure out which harmonic pattern you are looking at on the AB leg and where it completes at. If C is above A, you do not have a Gartley, but it may be a Cypher or a Shark pattern.
These patterns help you get in at a point that is close to where you need to be. This pattern often appears to be a triple or double top of some type, and in reality, I guess it is. Many get out of the trade when C does not make it to A..so the selling exacerbates.
Any pattern can fail )o:
The pattern is often referred to as Gartley222 because H. M. Gartley first described it on page 222 of his 1935 book Profits In The Stock Market.
Not a recommendation
Volatile stock. If you do not like the long entry one day, try waiting for the next (o:
SEDG FORECAST - SOLAREDGE TECH INCLongs 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.
SEDG 24-02-2021 LongAsset 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 entering with a smaller position.
Good luck,
I would like to hear your opinions and feedback, with thanks, Aviran
