SamSuka
The Long Investor
The Long Investor

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$SEDG - RC -

Requested Chart on Solar energy, we can see the triple top at the top blue line at $377, met with a harsh decline for a corrective wave, now in Wave C and seeking support on one of the Fib levels shown, the 0.65 Fib has been lost, so the next level to look for is the 0.78 Fib which shows just how low this has been pulling back....this level is at $91.64 right now, so it has still a long way to go to reach this level, with the current price at $128.

50 and 200 Day MA are not available as support levels down here either, so the bleeding for $SEDG needs to stop first before any recovery is possible.

$SEDG - RC -

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