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 handle, volume increases along with the price auction.
I will be very strict this time, I entered to a smaller position than I usually do because I am suspicious.
If it will break and re-tests successfully, I will consider forming a full position.
Disclaimer - It is just an opinion, I usually mistake :-)
Note
The position closed, touched the stop loss at 321.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.