SolarEdge: fresh sell signal, but the setup advises against opening

SolarEdge Technologies enters week 1 of a sell signal. The weekly drop was moderate — signal strength at 64 out of 100 — and the weekly structure remains in an intermediate downtrend, but the picture carries notable tensions: price still trades above the Ichimoku cloud on both the weekly and daily charts, and a double bottom is forming in the 48 area on the daily with a 71% intermediate rebound. Our model flags this as trading not recommended. The confirmation week is still in progress.