Expect ENPH breakout by EOY 2025. Buy <$60Trends:
- LT parallel channel shown marks some key trendlines for the company since IPO
- LT falling wedge intersects the bottom of this channel H2 2025 --> a buying opportunity above $50. If that breaks, falling wedge ends around $35, a 30% downside (or 40% vs today's price).
- The early 2023 peak