ENPH
Big level retest (stock idea): ENPH DailyA lot of confluence here on ENPH, a leader in the solar energy group:
- Trend line retest
- Bounce off the 200dma
- Gap filled and bullish engulfing on the daily
- Horizontal support tagged
Watch for a base to build as it tries to clear overhead resistance that's still ahead - on the daily it's still below the 10,20,50 moving averages, so it's likely to remain choppy even if it bounces from this level. I like that it's retesting its power earnings gap from late October - something to watch from here.
Last analysis on ENPH:
ENPH looks bullish using Aspen Trading S/R LevelsAspen Trading S/R Levels are predicting bullish trend for ENPH if it breaks above 238.
They already did an excellent job by identifying the support @ 143.
Please like, share and follow if you agree with the analysis.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
10/31/21 ENPHEnphase Energy, Inc. ( NASDAQ:ENPH )
Sector: Electronic Technology (Semiconductors)
Current Price: $231.63
Breakout price trigger: $222.50 (hold above)
Buy Zone (Top/Bottom Range): $225.00-$201.50
Price Target: $290.00-$293.00 (1st)
Estimated Duration to Target: 59-63d (1st)
Contract of Interest: $ENPH 1/21/22 280c
Trade price as of publish date: $8.05/contract
ENPH, Large profit is ahead!ENPH has started a new up going motive wave ! how far it goes? Lets follow the analysis !
ENPH reacted well to the 0.618 golden ratio retracement of last rally labeled as wave i after a beautiful abc form of correction which formed wave ii. If true, Wave iii has started and is going to push up the stock to 294 USD. After wave iv correction upcoming wave v will even push the price more up to 319 USD to complete an Elliott wave cycle. Please note that these targets are obtained by typical Fibonacci levels of mentioned waves. Should it need any update, It will be published later.
Mentioned wave cycle is itself wave 5 of 3 of a larger cycle Elliott wave which means after completing the current cycle there will be a huge correction and another huge move up. This point shows that the general trend of stock is up and if you are a stock holder you will gain much more profits in long term. The larger cycle Elliott wave count will be published soon and added to the related link so, I refer those who want to take a general picture of the stock to that upcoming publication.
Stock newly broke the short term down trend line and is attacking the more powerful down trend line connecting two major highs. I believe every entrance strategy we choose to take a long position in this stock at the current point will brings us considerable profit. It is just the matter of risk management and maximizing profit .
It is worth to note that in terms of timing chart is a schematic drawing although I tried to make it precise by using time Fibonacci.
A trade below the last formed low makes this analysis invalid for some times and makes us to provide a minor update.
As always we emphasize, besides all these bullish signs we have to trade objectively.
Good luck my friends and
ENPH - Long setupEnphase Energy, Inc. is an energy technology company that provides energy management technology solutions for the solar photovoltaic industry worldwide. It engages in designing, developing, manufacturing and selling software-driven home energy solutions, which connect energy generation, energy storage and web-based control and communications management services.
ENPH has a strong buy recommendation from the analyst consensus on the Streets with a target price near the $215 mark. This also happens to be the point which the stock was unable to hold last time it broke out of the $ 200 mark, so should be a point to consider as and when price approaches these levels
From a technical standpoint, ENPH is right above its 20 Day MA and 20 Week MA. RSI in bullish zones and peaking up. Volume spike has been observed over the last few days averages and Bollinger bands on Daily charts are beginning to expand, that means sharp moves ahead.
On a break higher, expect next target $200
Hourly chart also has Bull Flag set up, could get a good swing trade near the 20 Day MA entry
Favorite Solar Stock: ENPH looks ready to goENPH is the largest holding in the Solar energy Exchange Traded Fund (TAN) at 12.21%.
Notice how it's been consolidating in the form of a weekly bull flag for ~203 days - same length of time it took to breakout in the weekly flag between 2018 - 2019. Let's see if it does it again.
I want to be long the strongest solar name.
When you take a quick look at ENPH vs TAN, you'll see it broke out in June after consolidating for over a year against TAN.
ENPH bounced off the 50 week moving average and now building well on the shorter time frame (daily and 4hr) giving me the signal to get long this today and add into it this week.
ENPH, Elliott wave count on weekly chartAs promised in previous publication , I offer here two possible wave counts for ENPH to introduce the general picture of the stock.
Left side chart:
It suggests what described in previous publication on daily time frame zoomed in current up going motive wave for smaller degree waves.
Right side chart:
Is offering an alternative scenario. Please note that the correction will be completely different in terms of price and time if this scenario happens.
Although both scenarios are , non of them violate the up coming smaller degree wave counts and it is a good news for buyers!
Larger degree wave counts can be investigated, analyzed and updated later, For now we are going to make our profit my friends.
Good luck every one . Wish you huge profits.
Where is Enphase Stock Moving Next?Enphase Energy NASDAQ:ENPH is following a similar pattern as it did in October 2020. Where it was coming off a rapid runup, slight consolidation, and then a sell-off just a few days before earnings.
Do you think the Solar/Energy stock will start to consolidate until earnings in a few days?
Or are the inflationary pressures just too much of a headwind?
Bullish- Long PlayAfter consolidating in a long regression trend for quite some time, SEDG is holding within a triangle while forming an inverse head and shoulders, (orange- neckline). SEDG has earnings on 8/3' along with ENPH. Looking for a run up to ER. Both previous price targets hit (see previous chart), undoubtably a long-term play, should provide multiple good entries. Bullish
PT1- $274.79
PT2- $283.67
PT3- $290+
Looks like SEDG has finally bottomed after quite a long, and in my opinion a much-needed pullback. SEDG recently was upgraded by Goldman Sachs, will be looking for long entries as there appears to be a Cup and Handle forming as well, bullish .
PT1- 260.77$
PT2- $270+
(Boxes are RSI based Supply/Demand zones)
Where is Enphase Energy Moving Next?Enphase Energy NASDAQ:ENPH is coming off an excellent month of June 2021, up over 30% and 82% YTD. Now, we sit about 30-days from earnings with the street estimating an EPS of $0.42.
Is there another period of time where ENPH faced a similar situation and chart pattern? Yes, from mid-September 2020, until mid-October 2020, ENPH ran up over 63% and reached its peaks about 30-days before earnings.
Looking back at the chart could help us understand where ENPH might be heading during July 2021.
Solar and energy storage stocks have been heating up as governments push climate agendas including possible tax credits for each stage of the solar manufacturing supply chain, tax credits for homeowners to install solar power, and other possible incentives and initiatives.
Another company that has benefitted from the current environment is Generac Holdings NYSE:GNRC . They also had an amazing month of June 2021, up over 26% and 84% YTD. Sure, with GNRC the weather plays a role as they sell many generators, but they are also ramping up on their energy storage solutions just like ENPH.
ENPH has a premium micro-inverter product and a growing energy storage business. This has given many analysts reason to place a buy rating on ENPH.
Now looking back at the chart. Comparing the two time periods, then and now, you can see that after the runup in 2020, ENPH consolidated up until earnings were released, and for about 7-days thereafter. Then, there was a spike in volume setting off a bull run that finished the year of 2020 and pushed the stock even higher into 2021. This rally set a new all-time high on January 7th, then another all-time high of $229 on February 10th (right when earnings were released).
Next, we had the great tech rotation sending any stock related to technology lower over the next 90-days. ENPH hit its low of $108 on May 11th. Since reaching the May 11th low, ENPH has climbed 73%, just another 18% and ENPH will be hitting a new ATH.
Now, here's what you came for. Where is ENPH moving next? Well, if history can be our guide, and yes, history doesn't repeat, history rhymes, then we should expect ENPH to start consolidating with a mix of green and red days until earnings. One thing on the chart that is different this time around is lower volume. Now after earnings are released it's anyone's guess. A beat on earnings could push ENPH to new all-time highs and a miss could give long-term investors a great entry point on a stock currently trading at a premium.
Now I will hand it off to you. Where do you think Enphase Energy is moving next?
Solar Energy descending-triangle BreakoutSolar energy ETF is currently breaking out of a descending triangle.
There are multiple resistance levels to take into account. However, a measured move from the current break of the triangle, is taking us to $113 approximately, which is my mid-term target.
MACD has been uptrending while the price has been downtrending, the divergence is bullish signal for this breakout to hold.
The MACD histogram has also been positive for the divergence period.
Volume still needs to improve.
Bullish on ENPH(This is not financial advice)
Hey guys quick energy play on Enphase here. Energy was the biggest winner of this week as I expected and ENPH is one of the biggest companies in this area. ENPH did have a nice run up this week running up over 4% gain from week open to week close but I still see good room for growth. ENPH came out of bullish triangle and is now using old resistance as new support. With the Fib Retracement we have our next price target at 176 completing our W pattern that has been forming as well. If the energy sector continues to boost it could easily push past this as well but otherwise you could just take your profits earlier. This trade will allow for at least a 8% gain and in my opinion even more. All of these things combined with the RSI the EMA's and all other things allow me to be pretty bullish on ENPH.
If you agree or disagree with his idea be sure to let me know in the comments and like and follow.
Thanks!
- Vlaire
ENPH - Look Out BelowLT support on W and M timeframe
PE ~= stock price (170 on 2/23)
Such a high flyer, it needs to come down to reality
From COVID low to ATH, 0.618 fib matches with LT trend (coincidence?).
Currently bouncing off of 26 W EMA, but I expect it to head towards 100, and I may look to buy <120






















