ENPH Long

Updated

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.
Chart PatternsTrend Analysis

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