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ENPHASE ENERDRNENPHASE ENERDRNENPHASE ENERDRN

ENPHASE ENERDRN

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E2NP34 trade ideas

ENPHASE (ENPH): This Chart is Absurdly Bullish✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Enphase (ENPH) has been an absolute beast, not just in terms of its chart, but in terms of other factors like earnings. After another quarter of strong earnings, the premium the market is willing to pay for this microinverter maker makes sense. Despite some risk due to a potential slowdown in the months ahead for the industry, we think there is still room to play the uptrend. As such, all we are looking for here is enough of a pullback in price to give us a long entry. Resource: seekingalpha.com + www.fool.com + www.greentechmedia.com --- 1. Fractal Trend has been showing an uptrend (Aqua bar color) on the 4 hour timeframe for almost 2 years now. There has rarely been a bad entry since then. 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua) and/or bullish S/R levels plotted by Directional Bias (Aqua). 3. We are currently assuming the uptrend will continue, and as such are looking for a pullback to the nearest relevant support level to enter long. S1 looks like it will give us a great entry if ENPH can pullback enough to let us in. 4. This trade only has two relevant exit conditions. Either we close at our target, or we close if our stoploss is hit. 5. If for whatever reason S1 doesn't hold, we have mapped out a few other key levels to watch in the future. S2 is a good candidate for support on a deeper pullback due to the orderblock and S/R flip. S3 is the last support before the price inefficacy gap below. And S4 is a major support range that represents a final hope for Enphase bulls if S3 can't hold. 6. Lower levels aside, the idea here is simple, we are taking a stock that is in a strong uptrend, looking for a solid entry in that uptrend, and then aiming for an exit that offers a solid risk to reward ratio. Good luck with this one gang!
NASDAQ:ENPH
by AlphaBotSystem
$ENPH Enphase Energy set for major breakout. Possible breakout in the near future as long as market maintains bullish sentiment. Alert for breakout above $60.00 Possible upside target as per Fibonacci extension\expansion levels. Earnings highlights Enphase Energy (NASDAQ:ENPH) +3.6% after-hours following an easy Q1 earnings beat and a doubling of revenue from the year-ago quarter to $205M. Q1 adjusted gross margin increased to 39.5% from 37.3% in Q4 2019, driven by disciplined pricing and cost management. Q1 shipments totaled 643 MW DC, or slightly more than 2M microinverters. For Q2, the company issues downside guidance of $150M-$130M in revenues vs. $133.6M analyst consensus estimate, as well as GAAP and non-GAAP gross margin of 37%-40%. Due to global shelter-in-place rules, Enphase says it was unable to ship its Encharge battery storage system during Q1 as planned but now expects shipments to begin in June 2020. Source seeking alpha P/e ratio 33.85 Company profile Enphase Energy, Inc. engages in the design, development, manufacture, and sale of microinverter systems for the solar photovoltaic industry. Its products include IQ 7 Microinverter Series, IQ Battery, IQ Envoy, IQ Microinverter Accessories, IQ Envoy Accessories, and Enlighten & Apps. The company was founded by Raghuveer R. Belur and Martin Fornage in March 2006 and is headquartered in Fremont, CA.
NASDAQ:ENPHLong
by Bullishcharts
How far will Enphase go?I'm new to investing but really trying to learn. I have been practicing plotting out charts. I believe Enphase is on the way up. The support and resistance are trending up. The RSI is running just below 60. Looking at the history of this stock, when the RCI reaches 60 on the up swing, it continues up. I have also added the Alligator indicator. The mouth is open! What I am nervous about is the earnings release tonight. I'm still learning the effects of the earnings call..... I'd appreciate any comments on this. Thank you
NASDAQ:ENPHLong
by Ruegs23
Enphase Energy Inc Rises on beat and Guidance Earnings beat and good guidance Total revenue for the fourth quarter of 2019 was $210 million, including approximately $36.4 million of safe harbor revenue. Total revenue for the fourth quarter of 2019 increased 17% sequentially and increased 128% year-over-year. We shipped approximately 677 megawatts DC in the fourth quarter of 2019, an increase in megawatts this year of 16% sequentially. The megawatts shipped represented approximately 2.1 million microinverters. Non-GAAP gross margin for the fourth quarter of 2019 was 37.3% compared to 36.2% for the third quarter of 2019. Expedite fees are now normalized within our expected range, and therefore, did not have an abnormal impact in gross margin. Our component supply is stable and, as a result, we will no longer quantify this expense if it is within the normal course of business. Non-GAAP operating expenses were $26.1 million for the fourth quarter of 2019 compared to $25 million for the third quarter of 2019. GAAP operating expenses were $33.4 million for the fourth quarter of 2019 compared to $31 million for the third quarter of 2019. GAAP operating expenses for the fourth quarter of 2019 included $5.6 million of stock-based compensation expenses, $545,000 of amortization expenses for acquired intangible assets, and $1.1 million of restructuring expenses. Our restructuring program was completed at the end of 2019, and at this time, we do not anticipate any further or future expenses related to restructuring. On a non-GAAP basis, income from operations was $52.3 million for the fourth quarter of 2019 compared to $40.2 million for the third quarter of 2019. On a GAAP basis, income from operations was $44.4 million for the fourth quarter of 2019. This increase in operating income is reflective of the strong demand of our products, and our focus on cost reduction and expense management.
NASDAQ:ENPH
by RedHotStocks