ST - There are lots of gaps we made on the way up. I expect those to all fill (as they have historically).
LT - I don't see why ENPH won't behave like most all other names who went above LT resistance in COVID and have since come crashing down below. If you have an idea as to why - please let me know!
ENPH is in the energy sector which has been strong in the past couple of weeks.
On the 2H chart over the past two years visible, ENPH is just above its support.
It is about 50% below its pivot highs of 9-12 months ago and in a parallel
descending channel. I believe that ENPH is now set up for a 50% retracement of
the Fibonacci type. Fundamentally, two or more...
NASDAQ:ENPH Looks like $133 is providing some support. $133 is a fib ext. as well as a stair step measured move. So it should be a decent support.
It could potentially consolidate between, $133 and $160. If $133 breaks, next support is $120.
Hello frends,
I am buying the blood on ENPH as I presume this will rally to 200+
Put some levels to use as pt points and buybacks
I have picked up long dated calls.
Not financial advice just my ideas
Enphase Energy Inc.’s ENPH, -3.78% stock initially plunged more than 15% in extended trading Thursday after the company reported quarterly revenue that fell short of analysts’ estimates and offered a weak forecast.
Enphase reported fiscal second-quarter net income of $157.2 million, or $1.09 a share, compared with net income of $76.9 million, or 54 cents a...
If you haven`t sold ENPH here:
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 170usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $22.15.
If these options prove to be profitable prior to the earnings release, I would...
Looks like we have , what is (by now) to be a familiar bottoming pattern .
If your feeling like BIG tech is had its run an you want to rotate over this stock has always been a giver, when others were takers
Enph pushing down with a shift in market structure, and also a catalyst that could see it $113.40 at earnings. look for price to display continued downward pressure under $175.50 to take out the sell side.
Looking at a weekly chart for ENPH it appears that prices is currently attempting a brake of its down trend since December of last Year.
Currently price has been consolidating a sideways range that inevitably will brake one way or the other.
IF the market is TRUELY bullish we would expect this trend to brake and price to rise to the top of the value area and...
NASDAQ:ENPH ,
Enphase stock experienced a decline of -2.57% on the most recent trading day, Friday, July 14, 2023, with the price dropping from $182.64 to $177.94. Throughout the day, the stock fluctuated by 3.77%, reaching a low of $176.90 and a high of $183.57. Over the specified period, the stock price exhibited volatility, resulting in a 12.07% gain over the...
Enphase is a solar company that's been growing strongly, fundamentally. What I particularly like about this stock is that unlike most others, it has been making new highs in 2022.
Technically, it's sitting just below it's 200 day bollinger band and is due for a bounce to the mean, but may very well put in a new high.
Note a Q3/Q4 recession would likely bring...
ENPH Funnel Setup with stagger price points and Vertical date focus of the potential prohection. Must break above the 187-213 chop accumulation zone for this meltup to happen.
Currently I see the doji to bearish engulfing candle
I expect a potential drop for 1-2 more weeks before we see a Higher high candle stick to confirm the reversal of trend.
Watch out...
Solar-equipment provider Enphase Energy has been sliding all year, and some traders may see risk of further downside.
The first pattern on today’s chart is the falling trendline along the highs of December, April and June.
Second are a series of instances where old support became new resistance. For example, ENPH made a low of $262.60 in November and peaked...
Looking for a pop early next week with prior resistance at 187ish turning to support. Eventual gap fill at 220 over next month or so. Also watching solar ETF AMEX:TAN for a breakout of large descending triangle, Canadian Solar had good news Friday and Sector has been oversold.
ENPH has broken out of a downwards channel, retested it, formed a series of higher highs and higher lows and is currently basing above rising 10 and 20 MA's at a flattening 50 MA.
This bullish price action, combined with the volume analysis indicates that there is a high probability for price to revisit the higher consolidation range to retest the well...
