SOLV Energy (NASDAQ: MWH): A bullish reversal on the horizon?
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Price when published: 22.740000 · now 25.180000 (+10.73%, in the idea's favour)
My D1 analysis identifies a potential Elliott Wave ending diagonal, suggesting the prolonged decline may be approaching exhaustion.
Key levels:
• $19.99 – Critical support
• $23.91 – Initial bullish confirmation
• $26.69 – First upside target
• $30.54 – Extended target
The Pattern Wizard identified the pattern with an 89/100 quality score.
Its historical backtest across 1,945 trades shows a statistically significant edge at the 99% confidence level, with +0.21R average expectancy.
A recovery is possible, but confirmation is still needed.
#SOLV #TechnicalAnalysis #ElliottWave #Trading #MarketAPI
Updates from the author
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Ideas are the author's opinion, not investment advice. Past moves do not predict future ones.




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