Are We Witnessing a Trend Reversal in SEDG?

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Are We Witnessing a Trend Reversal in SEDG?SolarEdge Technologies, Inc.BATS:SEDGYS2030Something I’ve been watching closely these past few days — SEDG (SolarEdge): There’s a setup unfolding that I think could benefit from a few more eyes on it: •The two purple circles mark large vector candles that initiated sharp downward moves. •The yellow circle highlights the quarterly earnings release, which triggered a strong upward move toward the $20–24 zone — the area of the first vector candle. These vector candles reflect strong institutional activity that clearly impacted price movement. A breakout above these zones could signal a meaningful trend reversal forming in the stock. Price was rejected twice from this area with strong dips, but on the third attempt, it broke through, reaching the next vector candle zone around $26–31. Now, price is approaching this upper zone with strong momentum following the breakout. After reviewing the recent earnings report, I noticed a clear recovery and a significant upward revision in guidance, suggesting the company may be shifting direction. Whether this holds is uncertain — but price action suggests the market is pricing in real change. We recently printed a high of $32.45, above the $31 vector zone — a notable sign of strength. At the moment, we appear to be pulling back into support, and structure remains intact. Yes, there’s clearly a strong battle happening now — but I’m convinced the momentum is with the bulls. It feels like someone already knows what’s coming in the next earnings release, or at least senses a shift in the company’s trajectory. Everything seems to be building toward the next earnings report, expected early August.