Get started
Enphase Energy, Inc.
Long

ENPH has a ton of upside

By chaseflores10
Updated
ENPH looks ready to make a move to the upside. Tweezer bottom reversal pattern with bounce off trendline verified today, RSI curled upward, Increased volume and MACD ready to turn green next week. Looking for $168-$172 in the next 1-2 weeks followed by $180 shortly after.
Comment
Minor setback from the ridiculous market sell off that we had. Overall ENPH held up nicely. Bottom of the demand zone was hit which gave a better entry point. Engulfing candle today and reclaimed trendline.
Comment
$180 target price hit!
Chart PatternsENPHenphlongreversalpatternTrend AnalysisTweezer Bottoms

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.