$ENPH Analysis, Key Levels, and Targets (REQUEST)$ENPH Analysis, Key Levels, and Targets
I had a super fun time analyzing this chart mostly because I’ve never seen it before. Energy is hot right now so I see why it was requested.
The general direction is up. And there is lots of support… The gap up today forms a nice possible support. If there’s a little pull back, I’d go long… (You trade, right? Or are you looking for a long entry??) Thanks for the prompt and I like this chart… I added it to my watchlist…
Get above 220, and then fly to 280…
Hope this helps...
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
ENPH trade ideas
Enphase USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
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Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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Solar comparisonSolar company comparison YTD:
ENPH +11.96%
TSLA -8.59%
SEDG -12.42%
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
Enphase Energy USA Sun Storm Investment Trading Desk Present's: SSITD Portfolio of the Week Series
Focus: Worldwide
Everyday
For more Company Chart and Informational Analysis Please Visit: www.tradingview.com
By Sun Storm Investment Research
A Profit & Solutions Strategy & Research
Contact: Find me anywhere debadipb
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: I am not a financial advisor, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
ENPH - Open Short-Into-Long / ViceVersa(Optional) - Open Short if fib 0.382 breaks, then open long from 111.666.
(Long Base) - Open Long from fib 0.236
(Event) - 26 Feb earning & revenue,always big vol.
(Common sense) - Its overall to overbrought, short after peak?
(Seperated Short) - Hedge against the long position
ENPH shortConditions: Growth/ highly valued stocks moving with the market. Trend following trade.
Entry: Market order some point today (12/04)
Stop: 5%. Small order. Re-evaluate and potentially larger position as price nears trend and/or previous high at start of April.
Target: Take profit/exit once weekly stoch gets to 25-20%. Monitor price action.
Downtrend noted since Nov 21
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Current (general) preferred entry conditions and entry signals are either.
a) Reversion to mean from overextension, providing there has been evident support from historical price action and/or a bullish / bearish pintail or rejection evident by an engulfing candle immediately after the supposed support/rejection.
b) Oscillators (Daily/Weekly Stoch as well as the Average Sentiment Oscillator) all providing confluence with a trend line / support level and candle formation.
Maintain 2:1 RR, use retracements as much as possible. If over extended and sufficient confluence and I'm at my computer, consider a market order.
Establish confluence of support/resistance , trend, oscillators, congruent candles (pintail or engulfing reversal).
Capitulations or fakeouts are good signalsThis is a long fakeout in the chart of $ENPH. We look at this fakeout after it brakes a trendline and you don't find continuation to the downside after retesting the break.
After this, the fakeouts market liquidates many MANY sell positions and call options that they do 2 things:
Scare the sellers with bad loses
Add tons of liquidity or volume around these prices.
Plus, the MACD gives a delayed, but great signal to ATH. And the fundamentals are looking great:
www.etoro.com
So, I can do 2 things, go for different mini trades in the 4 hours allocating 0.5% to 1.5% of my portfolio and leveraging those either X2 or X5. Or I can go the low-risk option and add a larger allocation, up to 5%, and just let it be there.
1) Short-term trading (swing trades) with low leverage:
The Pros of this strat are having more capital to open other trades like BTC (which is moving now) or just having cash for hedge purposes.
The Cons is the risky trades as I can lose that capital easier in this way as the short-term trades are usually fewer probability trades.
2) Long-term position with higher allocation.
On the contrary, a long-term position is a higher probability trade, not a time-consuming (a simple SL and TP order would do) position, but it allocates a large amount of capital.
I'll try to do half and half this time.
Let me know what you think about this
$ENPH Reversal Point - Contacted Monthly DemandNASDAQ:ENPH
ENPH has contacted Monthly Demand and is in line with the Monthly Demand that the S&P 500 has contacted.
There are several stocks that are currently aligned with the Monthly Demand of the S&P 500 ** See my profile for more stock scenarios**
As we reach PEAK FEAR in the markets, we are liking to have reached a bottom on the S&P 500
Falling Wedge- Bullish - UpdateENPH looking really nice heading into earnings here. After getting beaten down below the 200-Day SMA where it's previously found support, ENPH just reclaimed the 20-Day EMA & is currently sitting on the 20-Day SMA. Big falling wedge on the daily timeframe and massive hidden bullish divergence on the weekly timeframe (Not Pictured). RSI is finally starting to come out of oversold territory as buyer volume picks back up. Bollinger bands are also squeezing (Not Pictured) in addition to some slight hidden bullish divergence on the 4-hour timeframe. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime- see previous charts attached below for previous price targets.
- Falling Wedge
- Reclaimed the 20-Day EMA
- RSI Finally Out of Oversold Territory
- Massive Bullish Hidden Divergence on the RSI on the Weekly Timeframe (Not Pictured)
- Bollinger Bands Squeezing (Not Pictured)
- Buyer Volume Picking Back Up
PT1- $143.38
PT2- $145.42
PT3- $146.71
PT4- $148.66 +
--Previously Charted--
Enphase Energy earnings beatEnphase Energy (ENPH) Q4 earnings beat makes a monster pre-market move to the upside. Enphase Energy (ENPH) reported Q4 December 2021 earnings of $0.73 per share on revenue of $412.7 million. The consensus earnings estimate was $0.57 per share on revenue of $396.5 million. Revenue grew 55.8% on a year-over-year basis. The company said it expects Q1 revenue of $420 million to $440 million. The current consensus revenue estimate is $408.11 million for Q1 ending March 31, 2022. Here's levels on the 15 minute chart:
Q4 Results:
EPS = $0.73
Revenue = $412.7M
52 week high = $282.46
52 week low = $108.88
7 day high = $177.50
7 day low = $130.07
breakout = $179.72
R3 = $178
R2 = $176.27
R1 = $174.54
pivot = $172.81
S1 = $171.08
S2 = $169.36
S3 = $167.63
breakdown = $165.90
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
loving this setup! on my watchlist for next week 🦉enph could be using previous trend resistance as support now, also near local/extreme trendline support.
on top of that we are bouncing off rsi support from 2019! This is what I call cluster support :D
These are all good signs for a low risk risk long entry.
like and follow for more 💘