Update | Inverse H&S- Bullish
Updated
Very bullish on SEDG here along with many others in the sector- while certainly a longer-term play, will be watching for a breakout. ICLN & TAN look ready for a breakout as well (attached below along with previous chart)- some bigger support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish all the way and looking for a breakout here
- Inverse Head and Shoulders formed (Orange Neckline)
- Ascending triangle forming on its yearly chart
- Sitting right on its 100-day EMA with the rest starting to curl upwards
- Bollinger bands are starting to squeeze (not pictured)
- Slight hidden bullish divergence on the RSI accompanied with buyers volume starting to pick up relative to seller volume
PT1- $279.50
PT2- $287.52
PT3- $294.32 + Breakout
ICLN
https://www.tradingview.com/i/GtFJ8zHZ/
TAN
Previous Charts
https://www.tradingview.com/chart/SEDG/VEW8G8ws-Symmetrical-Triangle-Update/
- Inverse Head and Shoulders formed (Orange Neckline)
- Ascending triangle forming on its yearly chart
- Sitting right on its 100-day EMA with the rest starting to curl upwards
- Bollinger bands are starting to squeeze (not pictured)
- Slight hidden bullish divergence on the RSI accompanied with buyers volume starting to pick up relative to seller volume
PT1- $279.50
PT2- $287.52
PT3- $294.32 + Breakout
ICLN
https://www.tradingview.com/i/GtFJ8zHZ/
TAN
Previous Charts
https://www.tradingview.com/chart/SEDG/VEW8G8ws-Symmetrical-Triangle-Update/
Note
PT1 Reached ✅Note
PT2 reached ✅Note
All Price Targets Reached ✅
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