The daily chart offers two long setups with indicators firing almost simultaneously. On the top left, I hid the candles to display only the EMA20 (green), SMA50 (turquoise) and the SMA200 (red). You can see the price action on the top right chart with the TTM squeeze overlay included. We've got a good old-fashioned SMA50/200 golden cross with support from the...
The SMA50 has crossed above the SMA200. This looks like a really nice setup medium- to long-term.
Rest on chart. Looking to buy pullback below 43.50 or breakout above 48.00
Analysis rests on chart. NURO run from 0.60 to ~ 1.30 may just be the beginning. ER on 1/24 potential jet fuel for a push to 1.78. Medium to long-term, this looks like it will go much higher.
So, assuming this weekly candle holds up, ENPH has a really nice TTM momentum squeeze setup on the weekly chart. For comparison, the last time ENPH had a squeeze breakout like this was July 2014. Here's the chart: Over the course of ten weeks, ENPH ran from sub 10.00 to a high of 18.00! Past performance in no way guarantees future results, but the point is...
The test for the immediate future will be to see if ENPH can hold its price above the resistance line formed from June 27 and Dec. 4 highs. The RSX says it's moved into oversold territory, but historically ENPH has shown the ability to push the RSX much higher than 70. I'm watching the DPMO crossover closely on the daily chart. If it stays green a few more...
We had tight squeeze, and yesterday's price action started rapidly expanding the Bollinger bands. Wave A and Wave C are both positive. ADX appears to have turned the corner so we should expect some increased volatility, and the trend tells us to expect that volatility to be positive based on the waves and the RSX. The RSX shows a clear upward curve, having just...
I already rode this from 0.85 to 0.99, looking for re-entry. Low floater with very little selling pressure and a strong uptrend. Price momentum is strong and sustained, indicating reversal. Watch this week to see if it breaks resistance on upper downtrend line. Safe play: 1.20 stop buy; PT 3.00
Looking good for today on 30M charts - JMA14 crossed up on EMA20 and SMA50; EMA20 should quickly crossover on SMA50 this morning. SMA50 stopped turning downward and ready to curve up. Additionally, TTM squeeze has been on since Wednesaday afternoon and is primed to fire with positive momentum. Both A and C Waves are above the zero line on the 30M chart....
The 30-min chart shows that the EMA20 has already crossed above the SMA50, and the SMA50 is about to cross above the TEMA50/100/200. The TEMA50 has already crossed above the 100 and is quickly converging on the 200. These crossing patterns have preceded strong runs for ENPH since September. Yesterday it broke through the upper resistance trend line for this...
The spread has tightened up over last three trading days into an ascending triangle. Squeeze remains released on the daily chart with positive momentum. On the 30-minute chart, TTM squeeze is on and should break one way or the other today. On Friday, asks in the mid-80s had dried up. The C-Wave looks pretty good on this one, so my guess is it breaks up today or...
It's only mid-day, so the last candle hasn't closed yet, but it looks like we're on the verge of a TTM squeeze breakout. I'm in at .80. Needs to break .88 to really take off.
Or are you about to crash and burn into the ground? Price momentum oscillator (PMO) is the lowest it's been since January 2016. PMO crossed above the signal line Dec. 3, but For the uninitiated, the bull kiss is the strong confirmation signal to follow when the PMO crosses above the signal line. The PMO will look like it's going to sputter out and drop like a...
RGSE bounced off the short-term support trendline yesterday and had a nice uptick in volume, trendline corresponded with the .618 fib level. I'm back in at .58 and will buy more today if it retests support around .55
ENPH is right on the edge of a squeeze release. I think if it can run up to 6.10-6.15, today, we'll see a release and a breakout