$ENPH Breaking Downtrend Line

jaxdog Updated   
NASDAQ:ENPH   Enphase Energy, Inc.
I have been tracking ENPH for awhile now and I like how it is behaving this morning. I went long 1/2 size and already up $4.50 a share. It is now consolidating on the 5 min chart. I may add more. TBD.

The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out.

Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
I have added to make a 3/4 size position and I have also moved my stop on both tranches to breakeven. Lets see what happens.
Trade closed manually:
ENPH is fading badly here. sold out for a very small profit. Back on watchlist.
When a stock is not acting like you want it to it is better to let it go. This started turning bad on me yesterday. I sold it for a small profit. It did rally after that but volatility in the market kept me out. Good thing, news today sends it down even more. Lesson should be don't loose money (if you can help it). You can always buy it back if it sets up again.
Just thought I would do a little update on $ENPH. It opened strong this morning but faded. I will be looking to see if it can close over todays AVWAP. If it does and tomorrows performance can follow thru I may look to start a small position. If so. I will post a new idea.

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