Solv Energy · D1 Long

SOLV Energy (NASDAQ: MWH): A bullish reversal on the horizon?

Trader @trader 2 Nov 2026, 11:20 UTC
Solv Energy D1 chart: SOLV Energy (NASDAQ: MWH): A bullish reversal on the horizon?Open on the live chart ↗
Open on the chart 28 views

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

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Ideas are the author's opinion, not investment advice. Past moves do not predict future ones.