we have harmonic development in the form of a bearish cypher on the daily on $ENPH. Combine the harmonic pattern with bullish divergence on both the macd and the rsi
Medium Term Buy today at $22.42. Target is $27.50. EXIT if it is going to Close below Support of $20.23.
My bet is we'll be buying when it breaks through resistance....what say you?
03-Sep Forecast Timing Chart of 10 days in the future www.pretiming.com 1. Recommended Positions => Short-Bearish 2. Price target within 10 days in the future Stock price: 24.38 ~ 24.62 % Change: -11.98% ~ -11.13% 3. Investing section => In Falling section of high risk & low profit 4. Today's Supply-Demand(S&D) strength Trend =>...
Seeing this continue it's downward trend. Looking to ride this to the low 20's :)
With a pre-market open above $35.00, It seems as if big money started to flow into this stock and we might not see a deep correction. In light of this we can add to current position or enter a new position by risking 0.25% of free equity with a Stop Loss of two(2) times the Daily Average True Range(ATR). ------ The analysis in this material is provided for...
The Re-entry at 4.42 Lets see where it gos. The Uptrend has found support and now lets what she does.
Enphase Energy is gaining momentum as it continues to defy the overall bearish sentiment of the stock market. It gapped up on High Frequency Trader action recently, and is continuing an upward trajectory.
Enphase Energy (ENPH) came out with quarterly earnings of $0.18 per share, beating the Consensus Estimate of $0.13 per share. We enter a bullish position trade on this stock at $12.83 and will continue to hold with an option to add to position if stock trade above $35.00 It is best to wait for a correction before entering this trade..
This Is The best performing stock of the year. 160% growth in 1 year, Acording to th William oneal CANSLIM method this can be a good performing stock to look for if it is able to break th 19.50 point price... EPS ratings are not so good at 76 but RS and composite ratings are over 97
Understanding The trade: As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 8/16 I will be looking to take profit by late July as the rate of decay factor starts to come into play as the contract approaches expiry....
The buying pressure has been strong over the past few months on a test of the all time high. But this market is still in a large trading range, and the buying pressure is climactic. This is more likely a buy vacuum test of the high of the range than the start of a strong bull trend. Instead, there will probably be profit taking around or above the all time high...