Hi All, I’ve been looking at this chart for weeks and I can’t help but post a contrarian idea that NASDAQ:ENPH may actually be going down, at least from a wave perspective. Now I could be completely wrong and the MACDs point mildly upward (and maybe we are in a wave 3 up which could launch Enph if it ever passed $140 thus invalidating this idea) but from a...
Enphase is back on the uptrend. But ENPH must pass the price barrier first.
ENPH is quite a volatile stock. It’s been a multi-bagger since the 2020 elections. This has been hammered lately and looks like bottomed out. Recent uptick in volume showing signs of recovery. Long - around 100ish Stop loss - 85 Target #1 - 175 Target #2 - 230 So much of supply ahead, won’t be a smooth ride. And note- this one has political risk as well....
I love the setup here on NASDAQ:ENPH as well. We got long around $79 back on first couple days of November, I think it's only just getting started. Over 94 target 101.51-106.19. Over 107 target 120(Gap fill 115.56) With some more time i think it could also retest 156
CISD monthly off by .02 but Weekly clear CISD on 12/18 133.99, trigger is in for longs risking MT of OB 99.64
Reasons for bullish bias: - Price formed HH, and has broken strong trendline - Safe entry at breakout HH for bull trend confirmation - Simple DOW theory Entry Level(Buy Stop): 142.49 Stop Loss Level: 90.71 Take Profit Level 1: 194.27 Take Profit Level 2: Open
Enphase Energy (NASDAQ: NASDAQ:ENPH ) stands as a beacon of innovation and resilience. Despite facing headwinds in the form of inventory issues and shifting market dynamics, the solar inverter maker is charting a course towards a brighter future. We delve into Enphase's recent developments, strategic shifts, and the prospects that lie ahead. Navigating Short-Term...
Earnings today were deemed by wall street as "good enough". That may be true, and the stock may be up today, but Revenue dropped 58% to $302.6 million, from $724.6 million a year ago. --> Since revenue has started declining, the stock is down. Market estimates expect a decline in revenue in 2024 vs 2023, so unless the correlation changes, or unless the company...
If you haven`t sold ENPH before the previous earnings: Then analyzing the options chain and the chart patterns of ENPH Enphase Energy prior to the earnings report this week, I would consider purchasing the 102usd strike price at the money Puts with an expiration date of 2024-2-9, for a premium of approximately $7.65. If these options prove to be profitable prior...
1. regain of MAs is important 2. 0.5 Fib retrace reached 3. RSI and STOCH RSI reset 4. MACD slowly turning bullish SL 101.10 $ TP 0.5 (158 $) and 0.618 (189 $) retrace of ATH www.tradingview.com (use dark mode)
ENPH has strengthening momentum. This is an hourly chart. Looking for around 117.
The trend line on the screen has been support for many years. Price is revisiting this trend line with the most recent earnings. 75 - 80 may serve as local support and price may bounce. Good risk to reward as a stop is just below trendline. Not financial advise.
- ENPH Brok out of the descending wedge, and is now holding the 108 - 116 gap area. Will look to go LONG on next dips to gap area or 8/21 EMA
Looks like Enphase is reaching a Wyckoff accumulation phase with channel resistance helping to direct price into the accumulation schematic. Spring could bounce off resistance turned into support. Price to seek imbalance at the gap around 0.618/golden fib zone. This target zone coincides with a line of best fit/trend line through Daily price chart
The stock still in bearish trend , the positive trend will establish above 132 $
Last Friday I entered a new trade on NASDAQ:ENPH as we closed above the 50MA on daily candles. The trade is profitable for now, my target is $124 in the short term and we might see a pullback over the next few days as the oscillators are showing overbought conditions. We can also see the diagonal resistance level that has been in force for some time now,...
1)I applied 2 moving averages on prices which have 5 period(red one) 20 period(green one) have cut each other and we got buy sign this week because we had to wait at the end of this week's closing candlestick on prices. 2) Also i have drawn resistance lines on prices and they have been broken this week with green candlestick. This is another buy sign. 3) RSI...
I am bullish on ENPH, in the upcoming sessions there could be some bullish move