SOL Elliot Impulse Wave
SOL has been continuing its rally since February 7, 2024. At the moment, I think it has completed the 1st wave of the Elliot Wave impulse wave and started the 3rd wave. As of today, I opened my long position and I think it will rally to a minimum of $ 3.
If it falls below $1.90, I will close my long position. I plan to close part of my long position around $3. For my remaining long position, I will decide according to the movement in those prices.
Emeren anticipates net income of approximately $26 million for the fiscal year 2024.
The company has also done a lot of share buybacks recently. Looking at the fundamental analysis of the company, I think that it is currently priced very low on the stock exchange.
If it falls below $1.90, I will close my long position. I plan to close part of my long position around $3. For my remaining long position, I will decide according to the movement in those prices.
Emeren anticipates net income of approximately $26 million for the fiscal year 2024.
The company has also done a lot of share buybacks recently. Looking at the fundamental analysis of the company, I think that it is currently priced very low on the stock exchange.
עסקה פעילה
I still maintain my long position. I think it filled the gap at $1.8. I think it made the 2nd wave of the Elliot impulse wave with its retracement from $2.48 to $1.8. My expectation is that the Elliot wave will make the 3rd wave and move towards around $3.If it drops below 1.5$, I will reconsider my opinion.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.