TRADE ALERT: SEDG

We are taking a LONG position in SolarEdge Technologies (SEDG). This is a trend resumption play after an eight day pullback. The stock gapped up and traded around our  trigger price of $21.00 on 7/7 and has now pulled back just enough for us to feel comfortable with an entry. We were filled at $21.47. Our initial swing trade target is near $24.25 with our initial stop loss near $19.85.

SEDG

 

-CJ

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