Enphase Energy Analysis 18.11.2022Welcome 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 tomorrow.
I will personally reply to every single comment.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
Solarcity
Space X - the Solar City BaggyPPA Models are simple. straight forward and rather easy to project.
IF, of course, you have a brain and are not running an enormous scam
on the Backs of Taxpayers.
Eron front-loaded the install under the guise of Bond Issuance
covering upfront costs... 20-year Bonds are now on the Books of Tesla
and Space X.
_______________________________________________________________
$2.3 Billion to the PowerWall Sh_t Mix - a noose around the neck of Debt.
Eron excels at Hide the Cheese.
Bitcoin... eventually he'll need the Junk Coin to run well north of $100K
in order to bail out his BS.
Investors, Fanbois, and the Cult of Eron have short memories.
We'll take their monkey money.
🌻 SOLAR ENERGY - About to BOOM! 🌞Some posts I like to go back to and say 'Hey, I bought at a great time, i did well'
I have a feeling this will be exactly in this category in a years time. Same as it happened with Lithium for example
Looking at this chart I have a statement to make: It WILL rise and it WILL make me money. That's my opinion after i have also done research:
🌄 Fact 1 : US is about to invest heavily and compete with China
🌄 Fact 2 : There is a Global urgency to limit emissions
🌄 Fact 3 : Biden's plan is clearly to Boost this industry NOW!
🌄 &utm_content= &twclid=11414976558985617409]Fact 4 : Some of the major disadvantages have been improved. (Cost and efficiency)
🌄 Fact 5 : The Sahara can be Europe's next big investment
🌄 Fact 6: Our civilization depends on it's ability to use the Sun's energy!!!! (Google Kardashev scale )
🌅Advantages:
🔆Solar power is pollution free and causes no greenhouse gases to be emitted after installation
🔆Reduced dependence on foreign oil and fossil fuels
🔆Renewable clean power that is available every day of the year, even cloudy days produce some power
🔆Return on investment unlike paying for utility bills
🔆Virtually no maintenance as solar panels last over 30 years
🔆Creates jobs by employing solar panel manufacturers, solar installers, etc. and in turn helps the economy
🔆Excess power can be sold back to the power company if grid intertied
🔆Ability to live grid free if all power generated provides enough for the home / building
🔆Can be installed virtually anywhere; in a field to on a building
🔆Use batteries to store extra power for use at night
🔆Solar can be used to heat water, power homes and building, even power cars
🔆Safer than traditional electric current
🔆Efficiency is always improving so the same size solar that is available today will become more efficient tomorrow
🔆Aesthetics are improving making the solar more versatile compared to older models; i.e. printing, flexible, solar shingles, etc.
🔆Federal grants, tax incentives, and rebate programs are available to help with initial costs
🔆No trenching is needed since the solar can be close to or at the place of installation
To the moon? Well as a Greek. I do prefer the Sun ( Helios )
One Love,
the FXPROFESSOR 🌞🌻
TSLA shortAroon = bullish, other indicators mixed. I would have my stop losses around 19.8 and expect a rise of .38 to 20.20 if SCTY goes up
Will Solar City soon prove us all wrong?This graph assumes a prolonged wave 4 starting around 33.4 and bringing us to current at 23.5 Wave 1 assumed to start at 16.43. If a wave 5 impulse wave does continue the overall trend, it could bring the price well above 36. I could technically see it trading at 48 equilibrium price. I understand this is risky! What do you think about the TSLA/SCTY deal? Will SCTY attract TSLA investors?
HOPE OF NO LIGHT IN SOLAR CITYIt's a dead cat bounce. Let it touch the red line to reload with shorts. Options is the best way to go.
SCTY RIDDING ITS RESISTANCE LINENASDAQ:SCTY is running its resistance line at 27.36. While it does seem to be also following its channel. With both trends in mind I would say SCTY may fall tomorrow, but still follow its resistance line until August 1st. It may start to increase slightly and then fall.
UI | Cashflow: 8% on CSIQRETIREMENT ACCOUNT HOLDERS
If you have this stock NASDAQ:CSIQ
Stock screener protocol is good except the earnings date falls on 18th August. Watch over it...
Chart is looking good. Buying low as in next few days, possible cross over of green on red and white MAs.
Aug 16 14.50 call is 1.20 which is 8.0% (unassigned return) and 4.6% (assigned return)
Market Cap ($M): 827
PE Ratio: 6.24
Earnings Date: 8/15/2016
MBLY Is Starting To Form A HeadNYSE: MBLY is looking to form a head within the next 3-4 months. This head could form early as today (LOW HEAD), or could form later in the month of September (HIGH HEAD). Check it out.
VSLR About To Fall?NASDAQ: VSLR could potentially fall to its support line at 2.80. Currently VSLR is resting on resistance 1, and in previous trends VSLR is likely to decrease .20 in the next few days. I would suggest that it could also reach further beyond resistance 1 but I would go in favor for a decrease by the end of the week. Check it out.
SCTY High may stay till tomorrow or it may drop NASDAQ: SCTY may rise to around 27.40 by the end of trade on July 20th, before resistance takes over and starts to fall by July 21st. Or it may rise to a higher resistance level around 29.40. But the trend looks in favor of resistance at 27.40 where 29.40 was last reached back in April 12th 2016. Check it out.
SCTY - New Utility vs Old - Introducing Utility & Grid Services.SolarCity will make more than 80% of their income from their new Utility and Grid Services if they continue to grow and update this category. They will get paid more and more by helping their customers manage their energy needs, while selling less and less solar hardware.
Distributed Energy Solution for the 21st century grid & beyond, where customers take control of their energy cost.
This is a good start:
Managed from their GridLogic software platform:
Grid services on the transmission and distribution system include:
- Dynamic capacity and peak shaving
- Frequency regulation
- Voltage and reactive power support
- Enhanced reliability and resiliency
- Grid visibility
below cloud short candidate money flow bad earnings soonmacd stoc crossed see our book on amazon same name- on impact of clouds on price-relative strength weak-cci and at bottom percent r bad-volume picking up downside-stop loss close into cloud
SCTY - SOLARCITY CORP BREAKOUT ON H&S PATTERNThis is an update for a previous chart that i posted 4 months ago, predicting an head and shoulders pattern (link: ) . At this point the pattern seems completed and we are at neckline level. So i'm expecting a breakout with a measured move that can bring the security to the 0.764 fib line level. In the same level there is a possible support, otherwise if the selling pressure is high it can go even lower. If the neckline holds as a support, a possible leg up can target to the descending black trendline.
Good luck for your trading
SCTY looks ready for move higherSolarCity poked its head off consolidation and looks ready to amke move higher. Overall, stock gained 400% since it became public.
This has largely been driven by its attractive business model, which has allowed it to grow its customer base at a feverish pace. Unlike other installers who require customers to make upfront cash payments, SolarCity foots all the installation costs upfront and then leases the solar system back to the home or business on whose roof it sits.
After it found top at $88, then it was sold off very hardly (lost almost half of its value) and found at $46 -$48. After it broke up descending chanel, it caught momentum buying. Controlled pullback and resuming of buying - that is what we have. Combine it with strong overall markets and that is how you get high probability tardes. Holding above $66.50 could keep its momentum intact for potential move to $74-$76 (previoous high and trend line). Manage this position according to your timeframe and risk management rules. For swing traders, if it will go below $62.50, then it makes this idea invalid. For more active traders, use short term moving averages to judge price action.
Possibilities for shortingLooking at weekly chart we can see a possibility to build a perfect head and shoulders pattern, At the moment we are in the top of right shoulder. The 0.23 fib could be a perfect target for a reversal. If it's a perfect symmetry we can target to the 0.5 fib, otherwise we can point to the 0.38 or around 55 dollars area. So look at momentum and volume for confirmations to begin the building of your entry position shorting. Put stop loss and good luck for your trading.
SolarCity Corp (SCTY) Running Out of EnergyThis morning, leading solar energy stock SolarCity Corporation (NASDAQ:SCTY) is trading lower by $1.97 to $49.30 a share. This stock continues to come under some institutional distribution. SolarCity Corporation stock topped out on February 26, 2014 at $88.35 a share. It is easy to see how this stock continues to be plagued by sellers in the near term. Investors and swing traders should now watch for daily chart support around the $43.70 level. This is an area where the stock was defended and bought by the institutional money. Often, old pivot points will serve as major support when retested. Traders should expect the stock to be weak until that support level is reached.
Nick Santiago
Chief Market Strategist
www.InTheMoneyStocks.com