My First Chart Analysis. Bullish GREEN Stock? Advice Welcome...
Updated
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 positive indications.
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 positive indications.
Note
RSI dropped to below 50 before previous breakout.Current RSI could drop, if it does possible sign of retracement before another breakout?
Note
Could also be showing signs of a head and shoulders bearish pattern. if it continues to form that pattern then this bullish trend theory doesn't map out.If we're getting an ascending triangle are we seeing an up trend maybe? Gonna wait it out for sure either way.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.