Price is knocking on the door of the resistance line.
ENPH has broken through it but a throwback pushed it back inside the trading channel.
No recommendation/Neutral pattern until a trendline is broken with conviction.
This could also be a horizontal flag. Not all bull flags slope downward and not all bear flags slope upward and flags are also a neutral...
Even though I think the current bull market is just a sleight of hand, I agreed to examine long opportunities, and here you go - ENPH.
I have been tracking it for a long time, I missed it at every break and maybe this time we will celebrate? Because the setup looks just in the books.
MA 50,100,200 started to curve upwards, forming a very nice ascending cup and a...
Enphase Energy has quietly emerged as a market leader in 2022. Is it now ready for a final run into yearend?
Notice how the solar-energy stock made a series of higher lows since mid-October. Prices remained below roughly $320, a previous closing high from September. The result was an ascending triangle, which ENPH escaped on Friday. That could signal a...
Brilliant volume contraction pattern.
Big volume spikes as accumulation.
7% up this sessión, breaking resistance.
Leading sector and 99 Relative strenght index.
$ENPH showing VCP characteristics on the daily chart within a stage 2 base, with each contraction smaller than the next. Took initial position on the day it reversed with high volume, but holding the position, noting the subsequent dry up in volume, now with a final contraction <5%.
I am bullish on ENPH. Despite there is multiple top pattern, there is a nice uptrend on MA's. I assume ENPH if break recent highs it could make new highs soon.
Patterns looking bullish long term bearish short term into close up earnings then upwards after reporting earnings to complete the same W patterns on the daily within the huge trend lines that have stayed up opposed to crashing down, strong momentum likely to continue if all goes well with the company, and the company does very well. To sum it up I'd hold or a...
Hello dear Traders,
Here is my idea for #ENPH
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please,...
ENPH potential breakout once this demand fair value gap below is retested
look for a recovery of the high volume node above to act as a shelf to push price upward upon a confirmed hold
Looks like a longer term inverted head and shoulders combined with a shorter term inverted head and shoulders. Showing good relative strength. Will be watching closely to see if it can hold above resistance this week for a long position.
$ENPH has been showing the characteristics of a Market Leader - I bought last week. Here is why:
1. Confirmed Stage 2 uptrend
2. 11 week constructive base (Cup and Handle pattern)
3. Strong RS rating
4. Breakout Year on EPS
5. 2 Quarter EPS acceleration
Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on Nas100 .
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse...
Enphase Energy, leader in Solar & Green Energy Sector.
Enphase has recently seen parabolic performance skyrocketing the stock to All Time Highs.
While the stock is testing all time highs, it is still very overvalued with a P/e of 150.
The bear market has not taken its toll on Enphase yet, while it has been rising in this clear rising wedge.
What I see:
- A...
$ENPH probably pissed off few traders with early strength Friday and reversal.
This potentially improves the setups with it putting 3rd and final contraction before breaking out.
Orange bars is what I would like to see to get me interested.
pointed this trend resistance zone out on august 22nd, since then we have seen 2 perfect rejections..
I am expecting a dip to 222-270 before next leg up here on ENPH, bearish short term bullish long term 🚀
