ENPH - Swing LongENPH - Swing Long
PT $35 - to fill the gap
Broke Resistance around $27
Above 50 SMA
Tripple Top - Broke Resistance.
E2NP34 trade ideas
ENPH - new opportunity Stockfisch at resistance. Give it a few day to weeks and it should rise over resistance
Enphase to Find Resistance at $36 in Early 2025Although Enphase is an excellent inverter company for solar panels, and has treated its investors to a 420% year to date increase in value, I am feeling that CNN Business's analysis is too optimistic:
"The 10 analysts offering 12-month price forecasts for Enphase Energy Inc have a median target of 30.00, with a high estimate of 40.00 and a low estimate of 26.00. The median estimate represents a +21.85% increase from the last price of 24.62."
Solar panel companies have a tremendous amount of competition and also failure rate when we look at them historically. Due to the consistent innovation and subsequent outdating of previous technology, it is possible that a company like Enphase could be completely off the trading market within a decade. Yes, it could even happen in the next 12 months. I would not invest into this company if I wanted to sell within 6-12 months.
Do I think this stock is going to go under in the next 12 months? No, but I also don't think that it could hit a median of $30 within the next year.
Let the technology, market, and consumers play it out for the next 5 years and we will see this stock increase from $24.62 to over $35.
I have 70% confidence in this analysis. I am holding Enphase and PLUG to diversify into the energy sector.
135 3-drive12.5.19 IOVA ENPH I'm looking at two markets in describing 1-3-5 patterns and 3-drive patterns.
[Long Idea] ENPHENPH poking out of a weekly bull flag here, also above its 50ma with the 9ema crossing over steeply.
I would like to see it pull back for a day or two to get a better entry, but that doesn't have to happen. Keeping it on watch for now.
Energy is a fundamentally bullish sector (in my opinion) going forward. Higher Oil prices will also drive market demand for solar, on top of already strong political demand for electrification.
Trying to fugure out how drawings follow charts, PART 3OK, here it is at 6:30 am West Coast Time, Saturday. And I decided to try this again. And this time the drawings did not follow as they had in the two previous recordings.
I will review for any sequence differences..... weird and interesting
Possible reversal, bull flag and ABCD pattern forming. Possible bull flag and ABCD pattern forming. Support at 200 SMA, .618 retrace from previous swing low to high, previous all time highs. Ocillators have reset for another run up towards measured move of bull flag and completion of ABCD pattern.
ENPHASE Bearish cypher forming?Bearish cypher possibly playing out. Coinciding variables for support at 17.60ish; Previous highs from 2015, 50 % retrace from last major swing low, 20 SMA on daily chart.
ENPH Long Im not sure about this stock. It had a nice grow to the top of 38$. The Earning call war a big sell for the shareholders. There is a Support line coming at 16$. Maybe it will bounce from that point. If not a down to 10$ may come.
The only reason why i think it could bounce at 16 is that the stock is oversold.
ENPH long trade before the reversal This is a different kind of entry than most people will not see or understand. I like to think it involves something I would call market dynamics...but it boils down to buyers vs sellers and fast money vs smart money.
I ran out of time on the video...probably a good thing because I was probably getting a little hypertensive base on the tone and volume of my voice...so that is probably a good thing. Let's see how it plays out.
$ENPH bearish cypher patternwe have harmonic development in the form of a bearish cypher on the daily on $ENPH. Combine the harmonic pattern with bullish divergence on both the macd and the rsi
Medium Term Buy today on ENPH.Medium Term Buy today at $22.42. Target is $27.50. EXIT if it is going to Close below Support of $20.23.
