Enphase Energy, Inc. delivers microinverter technology for the solar industry, which increases productivity and reliability of solar modules. The Company builds a semiconductor-based microinverter system that converts direct current electricity to alternating current electricity at the individual solar module level. Enphase sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers. Enphase Energy, Inc. is headquartered in Petaluma, California.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Expectation for the price to move to LOW or MID point
- Trailing stop-loss on price above LOW point
- Bullish Heiken Ashi Candles confirm entry is close on 4hr
- Fast MACD close to cross on 4hr
We are very bullish on this stock, and see a strong uptrend, particularly if LOW TARGET reached.
PLEASE REMEMBER TO LIKE & COMMENT - We answer all comments.
GOOD LUCK.
DO YOUR OWN RESEARCH!
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Expectation for the price to move to LOW or MID point
- Trailing stop-loss on price above LOW point
- Bullish Heiken Ashi Candles confirm entry is close on 4hr
- Fast MACD close to cross on 4hr
We are very bullish on this stock, and see a strong uptrend, particularly if LOW TARGET reached.
PLEASE REMEMBER TO LIKE & COMMENT - We answer all comments.
GOOD LUCK.
DO YOUR OWN RESEARCH!