It looks like SOL bottomed here at the strong level. Made double bottom and wants to climb higher
Solar stocks are alive again, so I expect this one continuing the move up.
First target 10, strong resistance
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?
Not much happening with major Fib levels for MMAT however, that 200DMA seems to be acting as a potential level of support after falling below the 786 fib line. Meanwhile, there seems to be a level of resistance around $5 that has been the case several times over the last few months. The big question now is will the 200 hold this week?
Also have the SC13 G from...
Some posts I like to go back to and say 'Hey, I bought at a great time, i did well'
I have a feeling this will be exactly in this category in a years time. Same as it happened with Lithium for example
Looking at this chart I have a statement to make: It WILL rise and it WILL make me money. That's my opinion after i have also done research:
🌄 Fact 1 : US is...
After 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....
SPWR closed on Friday with a bullish hammer candle right on its 50day EMA. Consolidating in a symmetrical triangle at the moment, nearing the overbought range but buyer volume is clearly picking up relative to seller volume. Has resistance at the $30.75 level that it has rejected twice now. Will be watching closely for a breakout at the end of this triangle,...
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...
Big cup and handle on daily chart showing the strength of this rally is not over and rather just at its infancy.
Look as entry to pick up more of the big guys based on 15 minute chart. In this bull market having a 10% pullback is a good chance to increase position size.
Q2 Earnings coming and expect it to be good.
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