SEDG (Solaredge) was sold off rapidly in the past 3 days, which was unsurprising, given the massive run-up after earnings. It is now near a support level: approximately the price it was hovering around pre-earnings, presenting a good opportunity to go long.
This play is risky. The stock is still a "falling knife".
Short term target: $54 - $58 monthly calls
This play is risky. The stock is still a "falling knife".
Short term target: $54 - $58 monthly calls
Note
Well if you bought calls this morning in that range, you're already ITM with some pretty decent gainsTrade closed: target reached
Short term target ($60) reached
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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.