lets get rich babbbbby 1.1im thinking ENPH hitting some hor support, MACD curling up, could be a bottom.
ENPH trade ideas
ENPH DAILY CHARTDown move started at `339 and still going
Price at angle 495 which equal to 94.88
break down will take it to 80.10 rebound will pull it up to 110.91
Already symmetrical triangle support line had been broken (search for it)and so target will be at 72 .Let us wait and see
ENPH - compressed and ready for explosive move ENPH isn’t NVDA ;)
It took a while for it get consolidate and build some momentum.
It’s so tight here and we can see explosive move like FSLR
Target #1 160
Target #2 200
Target #3 230, after a while
Stop loss - 105
Upgrades are in for $ENPHUpgrades are in for $ENPH! 📊 If we break through $135, we could see a rally towards $166-$170. Get ready! 💪
ENPHSymmetrical triangle
wolf wave
break of support it will go to 59.88
wolf wave targets to 88.89 then 76.54
ENPHDaily chart
Circle pattern 2 cycles
Reverse from angle 540
If break up confirmed and close above 145.51 end of down move
Otherwise we will go to 32.92
ENPH: VCP patternENPH: VCP pattern
-Key level resistence.
-Many round and tightly consolidation with less volumes.
-Trendline support, demand zone support.
ENPH - Enphase Energy - Long ideaDear traders,
Id like to share this idea in order to take long positions, basically the price is in a bullish flag pattern, Solar Companies will benefit from interest rate cuts, it is time to start thinking about it.
110- 120$ is is a good price range to look for buying opportunities.
best,
$ENPH $140 target achievable ? NASDAQ:ENPH starting to move off here as seasonality kicks in as for all the major solar names. It is breaking out of daily resistance and closed above last Friday. Targeting $140 which is major overhead resistance. Also it is nearing volume gap above ranging from $127~$130.
ENPH- WATCHLIST!ENPH- WATCHLIST!
-Tight consolidation on range.
-Demand zone.
-Key level support.
-Volume confirm.
-Chart pattern and candle pattern confirm.
.
More plans at FB group US STOCKS- WALL STREET DREAM
ENPHMonthly SSL swept
I want to see us invert the weekly FVG and target the monthly stacked imbalance at $140
Continuing Bear Trend for ENPHAfter forming an ascending triangle ENPH made a lower high and broke the upward sloping support. After the break, it followed through with a back test of what was once support, turned into resistance. These are signs that the trend will continue to be bearish or sideways at best. the target is $73.71USD where it pivoted to make the previous local bottom.
ENPH Enphase Energy Options Ahead of EarningsIf you haven`t sold ENPH before the previous earnings:
Then analyzing the options chain and the chart patterns of ENPH Enphase Energy prior to the earnings report this week,
I would consider purchasing the 110usd strike price in the money Puts with
an expiration date of 2024-9-20,
for a premium of approximately $16.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ENPH Short the Trend1) Targets:
#1 TP - $94
#2 TP - $75
#3 TP - $36
#4 TP - $14
#5 TP - $7
#6 TP - $2
2) Revenues are falling due to current conditions in solar industry. Look at peer companies (either layoffs or reorganizations). Most of the analysts revised targets downward.
3) We are in downtrend. Don't fight it, just follow it. As of now there are no indications of trend reversal.
4) RR 1:3 apply. Accept if you are wrong.
5) Trading below 200/50 averages.
Do your own analysis before making trading decisions. These are just my thoughts and not trading/investment recommendations.
Enphase Energy forms alliance with Octopus Energy to boost salesEnphase Energy Inc., a leading provider of solar energy solutions, has recently established a strategic partnership with Octopus Energy Group to enhance its sales. This collaboration is expected to drive significant future revenue growth for Enphase Energy by integrating its solar inverters and battery systems with Octopus's Kraken platform, which manages virtual power plants. This synergy aims to harness multiple home solar panels and batteries, integrating them into a cohesive and sustainable power generation system through smart distribution technologies.
Analysing potential trading opportunities for Enphase Energy Inc. (NASDAQ: ENPH):
On the Daily (D1) timeframe, the stock shows resistance at 114.40 USD and support at 106.00 USD, with early signs of an uptrend. A break above the current resistance level could further confirm this uptrend. If the price fails to do so and continues its downward trajectory, a potential target could be 360.50 USD.
For traders, surpassing the resistance at 114.40 USD could present a buying opportunity, with a short-term target set at 139.50 USD. Those contemplating a medium-term investment may consider holding a long position to reach up to 152.60 USD.
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4/23/24 - $ENPH print4/23/24 - $vrockstar - could be very mixed just not worth participating bc already have shls position... could be a huge gain or a huge mix; gt's are mediocre which tells me rates are having a decision impact. would probably see this lower
$ENPH Breaking Downtrend LineI have been tracking NASDAQ:ENPH for awhile now and I like how it is behaving this morning. I went long 1/2 size and already up $4.50 a share. It is now consolidating on the 5 min chart. I may add more. TBD.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Enphase breakout from Ascending triangle to upsideEnphase has been building this ascending pattern for a while now and waiting to see if it breaks above it.
1st target is 155.
It has been holding the hypotonus line and was up by 5% approx today keeping the chart pattern intact.
ENPH downward trend may be breakingThere's a fair amount of risk, but I am willing to give a long a try. I like ENPH as a leader in solar technology, and I believe that there are years of growth ahead for that industry. After several years of consistently negative ROIC, things started to turn around for the company in 2019. Management telegraphed a difficult environment for 2024. So, I fully expect some turbulence ahead, but the stock is still down by almost 2/3 from its ATH. If the company can maintain the profitability of the last few years going forward, then the current price is a great deal.
Enphase - Wave AnalysisHi All,
I’ve been looking at this chart for weeks and I can’t help but post a contrarian idea that NASDAQ:ENPH may actually be going down, at least from a wave perspective. Now I could be completely wrong and the MACDs point mildly upward (and maybe we are in a wave 3 up which could launch Enph if it ever passed $140 thus invalidating this idea) but from a different wave perspective I can’t help but shake we are going down.
Let’s assume I’m right for a moment which I would take with a grain of salt, but it is conceivable we just completed or near completed a wave 2 at the 0.382 around $130.50 and then we got a small push downward on Friday, I’m considering if we are starting a wave 3 downwards soon if not already. And I’ve watched the corrective motion from late feb from $119ish to now $130ish and it had likely completed a 5 wave motion as seen in many mini C waves of a wave 2.
I’ve also highlighted 3 gaps in the chart which I don’t like and they should be filled in an optimal sense at some point in time. The waves listed would fill at least 2 or 3 of the gaps. It’s hard for me to make a post like this, when sentiment is opposite, but either way we’ll know in a few days likely. GLTA
