SEDG (SolarEdge Technologies) will be added as an Active Long Trade here as the stock is starting to break above this bullish falling wedge on above average volume. The suggested stop is any move below 16.60, a relatively tight stop to help mitigate losses, should this prove to be a failed breakout, with the sole price target of 18.44. Additional targets might be added going forward. The suggested beta-adjustment for this trade is 0.75.
SEDG daily Sept 28th
note: CSIQ is another solar stock that I took a long position in today & might also be added as an official trade soon. I posted notes on both CSIQ & SEDG in the trading room earlier today.