Been in ENPH since 2017. Has a history of getting chopped roughly in half, then roughly tripling from there with some king-making rallies...
This is a pretty wonky attempt at a chart, but here's what I'm seeing...
Thoughts welcome.
G luck.
Buy on the pullback, short to dust or wait and see?
Chewy had an amazing 2020. It's very popular and growing but highly valued. Also, it gets lumped in with "covid" stocks like pton and tdoc, which isn't totally fair.
Nice bounce off intermediate trendline on Friday, but market weakness is here and presents challenge.
The SP has just corrected and is now in the...