One key factor that makes ENPH an attractive investment opportunity is the rapid growth of the solar energy market. According to a report by the International Energy Agency, solar power is expected to become the largest source of electricity by 2035, with a projected compound annual growth rate (CAGR) of 18% from 2020 to 2025. As a leading provider of energy...
im using some weird things here that I saw when making an indicator and am putting it to test. the path is drawn so im saying the price should oscilate between the paths then when it hits the green area it should make a move back to the last high. find resistance there. re-accumulate and then try and gather up more shares to take that hi. the move is cooked by...
ENPH has been trading within this channel with sharp rebound once range is broken. Keep the tight stop loss and be careful of theta, but it might, just might, go on another insane run if history repeats. Love, AT74
Next Support and Resistance Area for ENPH
Identified on the chart the next possible Support and Resistance, where the price will exit this trading range.
ENPH has been trading sideways for quite some time now while simultaneously getting beaten down by the broader markets, and testing a very strong resistance level circa $223-214.00. However, ENPH has seemingly found a bottom with a significant amount of bullish flow coming in while heading into earnings on 4/23'. From a fundamental standpoint, relative to others...
$ENPH got beaten up after earnings I suspect the reason is that one of solar’s biggest markets, California, is changing how it pays for excess solar generation or commonly called “NEM Charges.” In a nut shell it stretches out the payback period from 5 years to 9 years (Assuming you buy the system) so what will that do for demand? ( That was finalized by CA PUC in...
Hello fellas!
Curious about Enphase at these levels. A lot of steam has been blown away from the highs last year, and we are closing the fibonacci level of 61,8 which to me is veeery intriguing. Daily MACD seems to be also recovering from the lows, supporting the thesis for long position. Daily 100EMA is also supporting the price action.
I set the stop loss at...
Looking at the ENPH Enphase Energy options chain ahead of earnings , I would buy the $215 strike price Puts with
2023-2-10 expiration date for about
$9.16 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
$ENPH - lost 50% of the move from Jan 2022 low to Nov 22 high, around $225 level. Made an attempt to reclaim this level this week but big rejection. A weekly close below $201.68 is potentially negative. Weekly MACD crossing below the zero line - not a good sign.
Levels to watch on the downside is around $197.50, $167.50
ENPH reported earnings and was a beat on revenue and EPS, however guidance warning of a slow down this year.
Price is hovering over the .382 of the trend up since the covid low.
Engulfing candle noted.
Possible M pattern forming.
Price opened with a bang but fizzled with an engulfing candle noted.
Whittling down to T4 as T1-3 have been met. I usually do not...
august 22nd 2022 I gave a warning that ENPH was at trend resistance zone, and to no expect short term bottom until we meet the 222 area.
took a while but as expected we saw a dip to 222, now watching for climb back above strong trend support and 262 explosive long trigger..
above that I expect a very quick move to 340 or so, boost and follow if this helped! thanks <3
ENPH has been beaten to a pulp right to our downtrend line PERFECTLY. I’m expecting some tight consolidation and maybe even a double bottom prior to earnings before ENPH makes it was back up towards to 260 *maybe for an IVS H&S neckline. Followed by a trip back to 224 for seasonal pullback. All if the market cooperates…I see the weekly uptrend line as well…I think...
After watching the $203 Dip this morning, we purchased some PUTs for the stock as we expect to retest those levels and lower after losing support around the $211 Price Level.
We're looking for this to head to $188 over the coming weeks based on the loss in momentum alongside losing support.
Looking for very strong support at the $179.12 for those interested in...
