Been in ENPH since 2017. Has a history of getting chopped roughly in half, then roughly tripling from there with some king-making rallies...
This is a pretty wonky attempt at a chart, but here's what I'm seeing...
Thoughts welcome.
G luck.
This is a pretty wonky attempt at a chart, but here's what I'm seeing...
Thoughts welcome.
G luck.
Comment:
rough week but breakout is holding so far. or it's right on the line. Those mfrs.
Comment:
That channel is looking steep... looking for a big bounce or things could get dicey.
Comment:
got the bounce! ran exactly to the top of bottom channel and got rejected.
July 6 similar... Aug 3 tested top of next level, sideways then down... Aug 31 tested bottom channel support one more time then ran for three months...analogy would be--> early may test top channel around 200 (need to extend lines). Rejected back to 160s end of may to murder calls. Holds level and then runs until end of year and goes for high 200s?? That's amore. In conclusion, buy Jan calls at the end of may after a rip and dip.
July 6 similar... Aug 3 tested top of next level, sideways then down... Aug 31 tested bottom channel support one more time then ran for three months...analogy would be--> early may test top channel around 200 (need to extend lines). Rejected back to 160s end of may to murder calls. Holds level and then runs until end of year and goes for high 200s?? That's amore. In conclusion, buy Jan calls at the end of may after a rip and dip.
Comment:
Should’ve run when it broke. Chart don’t lie.
Comment:
chart has flattened out some. but it bounced. still strong and headed for 300.