ENPH - Look Out Below
LT support on W and M timeframe
PE ~= stock price (170 on 2/23)
Such a high flyer, it needs to come down to reality
From COVID low to ATH, 0.618 fib matches with LT trend (coincidence?).
Currently bouncing off of 26 W EMA, but I expect it to head towards 100, and I may look to buy <120
PE ~= stock price (170 on 2/23)
Such a high flyer, it needs to come down to reality
From COVID low to ATH, 0.618 fib matches with LT trend (coincidence?).
Currently bouncing off of 26 W EMA, but I expect it to head towards 100, and I may look to buy <120
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