Possible stop under C or last pivot low. I forgot about this one, then looked today and but now I am feeling a little to far from a strong source of support. Tomorrow is another day (o:
Looks to be inside of a small symmetrical triangle and has made an attempt to break the top trendline of the triangle which is resistance. Symmetrical triangles are a neutral pattern until a trendline is broken.
There is an unfilled gap above price which may cause resistance.
Negative volume is very high indicating smart money is interested.
The moving averages are not in the right place but the 50 is barely floating above the 200. The 50 is under the 100. Price was under the 50 today at open, but appears to have barely gotten over the 50 right this second with the top of a candle body. This could change by close today. It is always a good thing to have price over the 50 day moving average if you are long. The 20 is sloping up and the 9 is a bit above the 20 which is good. The moving averages need improvement and in a perfect world, it is best to have the 200 on the bottom, then the 100 over the 200 etc. Some folks like to buy on crossovers like when the 9 crosses up and through the 20. I always have the 20 because is use bollinger bands, but everyone differs on the moving averages they use. A day trader would possibly look at shorter duration moving averages than a long term investor who would most likely concentrate on the longer term moving averages like the 50 and 200.
ENPH arced on the prior run to the top, and is usually volatile anyway if I remember correctly. Parabolic arcs, or former arcs, can be volatile for quite a while after hitting the landing pad.
No recommendation.
Buy red/sell green (o:
Looks to be inside of a small symmetrical triangle and has made an attempt to break the top trendline of the triangle which is resistance. Symmetrical triangles are a neutral pattern until a trendline is broken.
There is an unfilled gap above price which may cause resistance.
Negative volume is very high indicating smart money is interested.
The moving averages are not in the right place but the 50 is barely floating above the 200. The 50 is under the 100. Price was under the 50 today at open, but appears to have barely gotten over the 50 right this second with the top of a candle body. This could change by close today. It is always a good thing to have price over the 50 day moving average if you are long. The 20 is sloping up and the 9 is a bit above the 20 which is good. The moving averages need improvement and in a perfect world, it is best to have the 200 on the bottom, then the 100 over the 200 etc. Some folks like to buy on crossovers like when the 9 crosses up and through the 20. I always have the 20 because is use bollinger bands, but everyone differs on the moving averages they use. A day trader would possibly look at shorter duration moving averages than a long term investor who would most likely concentrate on the longer term moving averages like the 50 and 200.
ENPH arced on the prior run to the top, and is usually volatile anyway if I remember correctly. Parabolic arcs, or former arcs, can be volatile for quite a while after hitting the landing pad.
No recommendation.
Buy red/sell green (o:
Comment:
One of those you can not look at too often in your portfolio or you will freak and not hang ); Not as volatile as SEDG though (o: