$ENPH still holding uptrend (barely)$ENPH still in uptrend on daily but in jeopardy of breaking down.
ENPH trade ideas
ENPH 01/20 300PBought put when stock pops up to 330 level. solar sector benefits when oil expensive, but oil is droping, and help CPI move down to 7.1%.
If FOMC statement is ture, oil will drop hardly in 2023 to help 2% CPI goal.
ENPH monthly chart is developing a possible doji star at the upper level trendline. So I short it
Risk: the powell speak can change the short term trend.
$ENPH back at its recent breakout pivotthe one and only one $enph is back at its previous breakout pivot .
2nd mouse gets the cheese? or are we trapping the crap out of all the mice? 😂
ENPH - For me IA companionsModel for me IA friends (without the power of IADSS).
That I will only share inside the community.
RectanglePrice is knocking on the door of the resistance line.
ENPH has broken through it but a throwback pushed it back inside the trading channel.
No recommendation/Neutral pattern until a trendline is broken with conviction.
This could also be a horizontal flag. Not all bull flags slope downward and not all bear flags slope upward and flags are also a neutral pattern until broken.
ENPH Long
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 :-)
Enphase Attempts a BreakoutEnphase Energy has quietly emerged as a market leader in 2022. Is it now ready for a final run into yearend?
Notice how the solar-energy stock made a series of higher lows since mid-October. Prices remained below roughly $320, a previous closing high from September. The result was an ascending triangle, which ENPH escaped on Friday. That could signal a continuation of its bullish trend.
Second, MACD has remained positive for over a month.
Third, ENPH briefly dropped below its 50-day simple moving average SMA in early November but quickly recovered. The retest may confirm buyers are willing to defend its uptrend.
Finally, TradeStation data shows ENPH is the fourth-best performing member of the S&P 500 this year. (It trails only fossil-fuel rivals Occidental Petroleum , Hess and Marathon Petroleum .) That could make some momentum traders look for window dressing.
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ENPH Long (VCP)Brilliant volume contraction pattern.
Big volume spikes as accumulation.
7% up this sessión, breaking resistance.
Leading sector and 99 Relative strenght index.
Long on ENPH.?I think ENPH interesting for a swing trader’s
I looking for strong trends line, and supports ✔️
good Cci ✔️
good Rsi ✔️
Sma 150 ✔️
$ENPH Classic VCP setup $ENPH showing VCP characteristics on the daily chart within a stage 2 base, with each contraction smaller than the next. Took initial position on the day it reversed with high volume, but holding the position, noting the subsequent dry up in volume, now with a final contraction <5%.
ENPH LongI am bullish on ENPH. Despite there is multiple top pattern, there is a nice uptrend on MA's. I assume ENPH if break recent highs it could make new highs soon.
PatternsPatterns looking bullish long term bearish short term into close up earnings then upwards after reporting earnings to complete the same W patterns on the daily within the huge trend lines that have stayed up opposed to crashing down, strong momentum likely to continue if all goes well with the company, and the company does very well. To sum it up I'd hold or a weekly short until earnings and wait to buy or go long just before earnings at a lower price than today to catch the rally up after reporting... : )
#ENPH to 390$?Hello dear Traders,
Here is my idea for #ENPH
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
ENPH potential breakout soon ENPH potential breakout once this demand fair value gap below is retested
look for a recovery of the high volume node above to act as a shelf to push price upward upon a confirmed hold
ENPH inverted head and shoulders.Looks like a longer term inverted head and shoulders combined with a shorter term inverted head and shoulders. Showing good relative strength. Will be watching closely to see if it can hold above resistance this week for a long position.
🟩 $ENPH - added last week$ENPH has been showing the characteristics of a Market Leader - I bought last week. Here is why:
1. Confirmed Stage 2 uptrend
2. 11 week constructive base (Cup and Handle pattern)
3. Strong RS rating
4. Breakout Year on EPS
5. 2 Quarter EPS acceleration
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.
ENPH - Big play potential here! Massive Double TopEnphase Energy, leader in Solar & Green Energy Sector.
Enphase has recently seen parabolic performance skyrocketing the stock to All Time Highs.
While the stock is testing all time highs, it is still very overvalued with a P/e of 150.
The bear market has not taken its toll on Enphase yet, while it has been rising in this clear rising wedge.
What I see:
- A clear Double Top being Printed in Large Supply Zone
- Rising Wedge
- Overvalued
- Hasn’t got Bear market hit yet
Risks :
Earnings Growth
Market Meltup rally
Break above zone from possible cup & handle formation.
$ENPH Setting up Cup with Handle$ENPH probably pissed off few traders with early strength Friday and reversal.
This potentially improves the setups with it putting 3rd and final contraction before breaking out.
Orange bars is what I would like to see to get me interested.
trend resistance zone is extreme! longs should be careful here🔴pointed this trend resistance zone out on august 22nd, since then we have seen 2 perfect rejections..
I am expecting a dip to 222-270 before next leg up here on ENPH, bearish short term bullish long term 🚀
$ENPH with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ENPH after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 80%.
