I lost more trading SEDG this year than any other stock; a bundle of cash that I'm still peeved about primarily because I see no reason for this pitiful situation. SEDG and its cousin ENPH (yes, I also lost a bundle on that one) are supposed to be darlings of the electric tech industry, vaunted by some well known fund managers and regularly upgraded by others. Heck, this Administration is committed to fund that whole industry in order to catch up with the rest of the world, and yet. My timing is always off. I bought the dips too soon and sold at loss when it seemed the share price wouldn't recover this decade (I'm a bit impatient), only to see the price happily climb 10%, long enough for me to jump back in and see it drop by 25% minutes later (I exaggerate for narrative effect). I still hold shares of that great company, which I'd gladly relieve myself of as soon as I recoup some of that lost bundle of cash. Let me be blunt, if you follow SEDG and ENPH, what are your thoughts on the share price to hit a new high within 15 months? Don't worry, I know you're not giving advice.
I presume you are doing swing trading. two important points. 1. If you trade from Nov 2020 to now, the chances of losing money are very high. because you are trading in the messy / chaotic / erratic / spiky / undecisive region. before Nov 2020, the chart was not messy / chaotic / erratic / spiky / horrific / undecisive. I'd call that a trendy, organized, decisive region. 2. The other way to look is the uptrend started around 2019. it ends in Nov 2020. after that, it is the end of the war / end of life (ie no more juicy waghu meat left. only left with skin, bones, & insides ). _________________________