ENPHLooks like we have , what is (by now) to be a familiar bottoming pattern . If your feeling like BIG tech is had its run an you want to rotate over this stock has always been a giver, when others were takersLongby wolffarchitectureUpdated 17
ENPH EARNINGS TO PUSH PRICE TO THE SELL LIQUIDITY TARGETSEnph pushing down with a shift in market structure, and also a catalyst that could see it $113.40 at earnings. look for price to display continued downward pressure under $175.50 to take out the sell side.Shortby upthedosage2
Enphase Ready For A 25% Move? Looking at a weekly chart for ENPH it appears that prices is currently attempting a brake of its down trend since December of last Year. Currently price has been consolidating a sideways range that inevitably will brake one way or the other. IF the market is TRUELY bullish we would expect this trend to brake and price to rise to the top of the value area and redistribute. IF price fails to brake trend and continues to reject a continuation to the down side should be expected. As the market has already seen some very nice price rises in recent months a rejection may be more likely followed by a continuation to the down side. Trade Well....Shortby Degen-Dynasty112
$ENPH NASDAQ:ENPH , Enphase stock experienced a decline of -2.57% on the most recent trading day, Friday, July 14, 2023, with the price dropping from $182.64 to $177.94. Throughout the day, the stock fluctuated by 3.77%, reaching a low of $176.90 and a high of $183.57. Over the specified period, the stock price exhibited volatility, resulting in a 12.07% gain over the past two weeks. On the last trading day, volume increased by 318 thousand shares, albeit on declining prices. This could be an early warning sign, indicating a slightly elevated risk in the coming days. In total, approximately 3 million shares were traded, amounting to a value of approximately $592.44 million. Currently, the stock is situated within a wide and downward trend in the short term, suggesting the possibility of further decline within this trend. Based on the present short-term trajectory, the stock is projected to experience a -10.02% decrease over the next three months. Additionally, there is a 90% probability that the stock will trade within the range of $120.69 and $184.79 at the end of this three-month periodby MPWRTRADES0
Enphase: Buy Territory (low risk/high reward)Enphase is a solar company that's been growing strongly, fundamentally. What I particularly like about this stock is that unlike most others, it has been making new highs in 2022. Technically, it's sitting just below it's 200 day bollinger band and is due for a bounce to the mean, but may very well put in a new high. Note a Q3/Q4 recession would likely bring most stocks to new lows.Longby The_Bitcoin_BoyUpdated 5
ENPH ENPH Funnel Setup with stagger price points and Vertical date focus of the potential prohection. Must break above the 187-213 chop accumulation zone for this meltup to happen. Currently I see the doji to bearish engulfing candle I expect a potential drop for 1-2 more weeks before we see a Higher high candle stick to confirm the reversal of trend. Watch out for the lower if you fail 156 the potential drop support at 139 This is just my rant of potential movement. Not financial advice. Enjoy the show AsianPicassoLongby EMC2PRoPheT5
Enphase Keeps SlidingSolar-equipment provider Enphase Energy has been sliding all year, and some traders may see risk of further downside. The first pattern on today’s chart is the falling trendline along the highs of December, April and June. Second are a series of instances where old support became new resistance. For example, ENPH made a low of $262.60 in November and peaked near the same level in mid-January (without successfully closing above it). Similar price action occurred in February and mid-April versus the October low. June 2 also saw resistance at the April trough of $187.15. Third, the 50-day simple moving average (SMA) had a “death cross” under the 200-day SMA in mid-February. Finally, MACD turned lower against last week. Will these considerations prompt traders to expect a test of the 2022 low around $113? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation12
ENPH looks BullishLooking for a pop early next week with prior resistance at 187ish turning to support. Eventual gap fill at 220 over next month or so. Also watching solar ETF AMEX:TAN for a breakout of large descending triangle, Canadian Solar had good news Friday and Sector has been oversold. Longby followsuit7Updated 110
ENPH basing for a move towards the consolidation range above?ENPH has broken out of a downwards channel, retested it, formed a series of higher highs and higher lows and is currently basing above rising 10 and 20 MA's at a flattening 50 MA. This bullish price action, combined with the volume analysis indicates that there is a high probability for price to revisit the higher consolidation range to retest the well established resistance level al 230.50 ish. All info is on the chart. NQdecipherLongby NQunlocked4
i.Wish for a volatile session buy 200c expired in AugIts next earning: July 25 I'm trading it to $210 into its earning. Keywords in Media coverage: expanding its market presence rising demand for solar energy solutions allowing homeowners to gain more savings enhancing its competitive edge was indicative of these growing tribulations buying the stock leading to its price moving higher manufacturing fully integrated solar-plus-storage solutions Longby KhanhC.Hoang2
ENPH looks Doomed if this Wyckoff Distribution Plays OutIve discussed Wyckoff Distributions before on this page. For a simple breakdown of this pattern, I've related this post to a previous post that can be found below. Anyway, I believe we are seeing many of the same distribution cycle elements on this solar stock. I think we are currently in phase D which is usually characterized by a false bullish breakout into a downtrend. I am concerned about the lack of a clear downtrend after creating the false break. Notice the higher lows being created by the wicks in the lower portion of the channel. Long lower wicks with relatively small/avg volume suggest that selling pressure is weak. If that is the case, big money is not yet ready to take this lower. I will be monitoring this price action closely and looking for more false breakouts and retests of the upper channel. I plan to build short positions above $200 if the opportunity presents itself. Price targets to the downside include $95, $60, and $35. Shortby Decam9Updated 13137
$ENPH - Feel the Energy? - Gap FillNASDAQ:ENPH long call options over 182 for 193, 199-201, 211. Longby Scoot_29493
ENPH Bullshing Stance long term play for gap fillENPH is moving nicley making new higher lows on the daily. A break and hold above 176 on the previous day high we can see 183.26. full gap fill will be to 220.20Longby JSaints090
$ENPH - basing at fib supportNASDAQ:ENPH #ENPH is at fib support and inside the descending wedge. Rising RSI, MACD, OBV, acctdis. Breaking above $168 is bullish. Breaking below $158 is bearish. Bullish targets, $183, $192, $214. Downside risk $158, $133.Longby PaperBozz223
ENPH about to go into Mark up phase on 20 minENPH about to move in to mark up phase as it crosses my ESVO Ribbon and finds support this will launch it up... its starting to move now. I would watch the volume and see if it doubles over the avg of the last 5 to 10 candles that would be a clear sign of absorption and fomo taking place. by iCantw84it 05.04.23 Longby iCantw84itUpdated 1110
$ENPH: Mean reversion towards earnings resistance?I think NASDAQ:ENPH has a very low risk buy setup here. I already bot it during Friday, but you can enter pre market or during Monday's session safely. Stop loss a bit below the $159.06 level would do. Aim for a 6 business day rally from Friday, with potential upside to the level where the stock reported quarterly earnings recently. @timwest found these levels to be of extreme significance, you can see how this 'Key Hidden Level' acted the last two times it was tested in the prior quarter. Mad props to him for teaching me these methods. Perhaps NASDAQ:FSLR 's acquisition news made investors think more M&A could happen in the solar space, certainly an interesting oversold level for long term entries here as well. Let's see how it goes. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrie2
ENPH - Long @ 166Beat earnings - Weaker future U.S. guidance with Europe growing albeit Europe being a much smaller share of their current business. Trading for a short-term bounce. 1st Entry (1/2 position) @ 166 PT 1: 174 PT 2: 180 PT 3: 190 SL - None yet. To add on further if 163 retestLongby EquityCastUpdated 224
ENPH has been great, lets squeeze some more trades out of itENPH has been very busy dropping from $320 to 190ish. Called the bounce last week before the weekend from $210 to 187-190s. Obviously in a downward trend but man this thing can move. If you didn't know you can see one of the institutionals' dumped their shares over the last couple months. Check the chart at the bottom see the ramp up of volume. That's the supply taking on inventory at an over excessive rate. which starts the downward plunge from the $320s. Now as it approaches phase C (the part of the trade where smart money decides to pick this back up or let it go) At this price it might need to dump more to be more attractive. I used ChatGPT to make my own indicators and the ESVO is a way of looking at price and volume normalized. This opened my eyes to some things happening on the chart, I Never noticed before. But you can actually see the profits being taken, stop losses being hit, fomo kick in... watch supply and demand spike while the price action is unfolding. Using Higher and lower time frames you can get great idea of whats happening in the market. when demand is spiking or when supply is oversaturated. Key areas where stop losses are being broke you get a massive spike on the chart with the indicator, which sheds light on what you need to focus on at that moment. If its spiking 5x larger than normal, it means shares are being bought and sold at a rate extremely larger than normal. Meaning, if price action is bullish, and this happens: 1. if Price action continues to move up at a 45 degree angle durring this surge of shares, your stock is very bullish and its about to pop once it clears out all the shares. 2. If price action starts to look weak, it will take a dip and do a mini re-accumulation depending on time frame it could be 5-17 candles. 3. if Price action was already weak and it spikes (basically consolidating or long range consolidation) Price will most likely go right into distribution mode and drop to the next control box or node. Another way to use this is just like you would an EMA, if price crosses it, it will most likely be very aggressive as it goes across and continue or pull back to bounce off the ESVO before continuing its new trend. When the lines are flat it means everything is avg or balanced which doesn't happen very often. Its not uncommon for Price to have to attempt to cross one of these three times before succeeding. If it fails while trying to cross it will most likely pull back and try with more volume. At this point pay attention to if the volume continues or dies off. Sometimes Crossing is the catalyst that sends it moving higher or lower. A lot of the time your highest area of volume and price is where these lines will oscillate or go flat across. There is literally an indefinite amount of ways you can use the ESVO. I set one to a certain setting and based on what price action is doing around the ESVO I can wait for an indecision and know its going up or down on higher time frames. Which is great for finding trade setups. Anyways, let me know if you have any questions. If any of these ideas peak your interest pls like/ follow/ sub/ and most of all pls Boost so we can all enjoy watching it prove me right or wrong. Thanks again. by iCantw84it 03.30.23Shortby iCantw84itUpdated 11119
ENPH to 148Waiting for a break of the bear flag on the 4 hour. Once that breaks decisively 155, 152 and 148 should hit in short time. The stock is pretty oversold though so expect some heavy support around the 161 mark Shortby Francis_Trdz4
ENPH - For IA membersThis is my ENPH chart without the IADSS indicators. Those I will only share inside the Invest Answers community.by BenemortasiaUpdated 335
Enphase dumping hard and being downgraded!Enphase is overreacting to the downside today right into major support lines, it is piercing through these levels currently but I think a reclaim of these levels could provide a bullish setup. Also, Enphase report a surprise earnings beat of almost 13%. Weird price action for those earnings.Longby farmtrader15225
Solar Power Surge: ENPH Breakout Trade with Williams AlligatorEnphase Energy Inc. ( NASDAQ:ENPH ) is a solar energy company that designs, develops, and sells energy management systems for the solar industry. On the daily chart, the Williams Alligator indicator is currently showing a bullish trend, indicating a potential buying opportunity for traders. Trade Idea: Based on the bullish trend identified by the Williams Alligator indicator, a breakout trade could be initiated if the stock price breaks above the resistance level of $231.44. A stop-loss order could be placed at $222.23 to limit potential losses if the trade does not perform as expected. The Williams Alligator is a technical analysis tool that uses a combination of moving averages to identify trends in the market. The indicator consists of three lines, each representing a different moving average: the jaw, teeth, and lips. When the lines are intertwined and moving in the same direction, it indicates a trend in that direction. In this case, the Williams Alligator is showing a bullish trend, suggesting that the stock price is likely to rise in the near future.Longby Immaculate_Tony7