3 Trading Setups to Study: $RNG, $P & $SEDG

jfsrevg
08-21

Hey everyone! 👋

Here are three setups worth keeping in the trading journal—not just because they worked, but because the price action offers useful lessons that can be studied and repeated. 📚📈

1. $RingCentral(RNG)$ — Post-Earnings Reaction Still Holding

18 sessions in, $RNG still hasn’t violated its 10-MA, even after stalling at roughly 10× ATR% above the 50-MA.

The last three sessions have formed a higher low, recovering from the -4.9% pullback on August 14.

This is exactly the kind of post-earnings reaction worth saving, studying and reviewing.

🧠 Wire this one into your trader’s muscle memory.

2. $Everpure(P)$ — Stalled at 10× ATR% ⚠️

$P also stalled after reaching roughly 10× ATR% above its 50-MA.

Another useful example of how extended price action can behave when a stock gets stretched far above its mean.

3. $SolarEdge(SEDG)$ — Gap-Down Mean Reversion 🎯

$SEDG delivered a +9.3% follow-through from the gap-down mean-reversion idea.

It was also the only idea posted on a market gap-down open day.

Three different setups, three different lessons.

Don't just study the winners—study the price action behind them. That's how trading patterns become muscle memory. 📈🧠

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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