I have owned NYSE:JKS in the past and I’m looking for the best entry I can, I think solar is resuming its downtrend and I’m actually short on NASDAQ:ENPH , but my point here is I’m wondering if we have a 12345 wave here ending in daily bullish RSI divergence. If you’ve read my other posts I’m a big proponent of daily bullish divergence on the RSI to find the...
Hi 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...
NIO approaching Fibonacci levels 0.618 at $5.56, I’m also waiting for bullish divergence to form on the 4H timeframe which has not occurred yet, so I see continued downside for now, we may be getting close to the turnaround again maybe near 0.618.
Greetings. My idea is that after earnings we have entered Wave 3’s iii, which should be the strongest wave up. We finished wave 3’s wave ii at the 0.786 around $7.20. If all goes well I’m hoping for a target at the 1.618 which would be around $18.30. Timeframe is uncertain of course with EWT. GLTA
Descending triangles are typically continuation meaning bearish but here I wonder if this is a reversal which would be bullish. With the sentiment of solar bullish again we might see an upswing
Wondering if we are seeing a falling wedge pattern with a bullish exit soonish. Either case $2.90 (if it ever gets that low, I doubt), would be a strong resistance
I believe CRSP may have reached the local bottom for the time being, and will go up from here since it just completed a 50%-61% retracement.