FinTasticTrading

ENPH - Correction is done

Long
NASDAQ:ENPH   Enphase Energy, Inc.
ENPH next quarter's revenue (2021 Q2) is expected to grow 156%. The stock has done a 3 month correction over 50%. 6/10/2021 MACD crossed up 0. 6/17/2021 price broke up 3C $153 with volume increase. But, volume is not enough to break up pivot $173. If the stock pull back near 20 wma will be a good change to buy. I expect the stock will challenge previous high around $222 in 2021.

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