ENPH is quite a volatile stock. It’s been a multi-bagger since the 2020 elections. This has been hammered lately and looks like bottomed out. Recent uptick in volume showing signs of recovery. Long - around 100ish Stop loss - 85 Target #1 - 175 Target #2 - 230 So much of supply ahead, won’t be a smooth ride. And note- this one has political risk as well....
Enphase Energy (NASDAQ: NASDAQ:ENPH ) stands as a beacon of innovation and resilience. Despite facing headwinds in the form of inventory issues and shifting market dynamics, the solar inverter maker is charting a course towards a brighter future. We delve into Enphase's recent developments, strategic shifts, and the prospects that lie ahead. Navigating Short-Term...
If you haven`t sold ENPH before the previous earnings: Then analyzing the options chain and the chart patterns of ENPH Enphase Energy prior to the earnings report this week, I would consider purchasing the 102usd strike price at the money Puts with an expiration date of 2024-2-9, for a premium of approximately $7.65. If these options prove to be profitable prior...
*Posting this a couple months late since I've been more preoccupied with Crypto Saw a lot of people calling for $400s in August since price looked to be finding a bottom around $150, but felt the rate environment and overall outlook for S&P would make this nearly impossible to happen. Took a contrary position due to believing price should be around pre-covid...
This is a chart of Enphase Energy (ENPH). For those who are not familiar with the company, Enphase Energy develops and manufactures microinverter systems for the solar photovoltaic industry. They are one of the preeminent companies in solar power. Recently, price gapped up on the daily chart following news that Congress would pass legislation to fund sustainable...
If you haven`t sold ENPH here: Then analyzing the options chain and the chart patterns of ENPH Enphase Energy prior to the earnings report this week, I would consider purchasing the 170usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $22.15. If these options prove to be profitable prior to the earnings release, I would...
Enphase is overreacting to the downside today right into major support lines, it is piercing through these levels currently but I think a reclaim of these levels could provide a bullish setup. Also, Enphase report a surprise earnings beat of almost 13%. Weird price action for those earnings.
One key factor that makes ENPH an attractive investment opportunity is the rapid growth of the solar energy market. According to a report by the International Energy Agency, solar power is expected to become the largest source of electricity by 2035, with a projected compound annual growth rate (CAGR) of 18% from 2020 to 2025. As a leading provider of energy...
Hello fellas! Curious about Enphase at these levels. A lot of steam has been blown away from the highs last year, and we are closing the fibonacci level of 61,8 which to me is veeery intriguing. Daily MACD seems to be also recovering from the lows, supporting the thesis for long position. Daily 100EMA is also supporting the price action. I set the stop loss at...
Looking at the ENPH Enphase Energy options chain ahead of earnings , I would buy the $215 strike price Puts with 2023-2-10 expiration date for about $9.16 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it.
Hi, Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of...
$ENPH is on uptrend on big picture and It is non stop going down for almost one month so It is time to cool down and make some correction or continue it uptrend. We just need to benefit from bounce back. Entry; $220.30 S/L; $205.91 TP1; $249.09 Please always do your own search and analysis before you take any trade. Do not rely on anyone :) I am spending...
Welcome to the BasicTrading channel. My name is Philip and in todays analysis I quickly go over the situation which we currently have on Nas100 . I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities. If you enjoyed this analysis, let me know in the comment section which asset I should analyse...
Looks like it is forming head n shoulders pattern. It is at its resistance now. It may fall back towards $200 soon.
ENPH has been on a staircase to heaven fueled by the govt support on solar energy & the current supply chain crisis on crude oil & natural gas. The near term destination of the bullflag will be 387. After that a wave 4 correction may follow before the final leg up to 498 for wave 5. Not trading advice
Months ago, ENPH was highlighted, and since then it has been captivating... particularly this two weeks where this appears to be one that stands out. In the weekly chart (left panel), where the SPY is overlaid in dark blue, ENPH is clearly less correlated and in recent weeks moved opposing to the general market and seems to be keeping to its projected course for...
Enphase Energy, Inc. ( NASDAQ:ENPH ) Sector: Electronic Technology (Semiconductors) Current Price: $305.70 Breakout price trigger: $309.30 Buy Zone (Top/Bottom Range): $296.25-$264.35 Price Target: $419.30-$446.00 Estimated Duration to Target: 223-230d Contract of Interest: $ENPH 2/17/23 340c Trade price as of publish date: $40.50/contract
Highlighted previously, two months ago, ENPH exploded 50% to the upside against the major market move. Then it went into a consolidation phase for a month, and it appears to have broken out of a flag pattern. And by pattern projection, there is another potential 25-30% upside to this move. The daily chart shows the breakout and possible engagement point (white...