Bullish long- Possible Breakout
ENPH has been getting hit relatively hard compared to the broader market, was in the oversold range for a while, and has been hovering in the $145-155 range for a little while now. ENPH's first support level is at $149.42 and then resistance at $162.28. Needs to break and hold above that first resistance but will be looking for a breakout from there. However, this will depend on overall market conditions with respect to volatility and a potential pullback as markets are nearing ATHs.
- Impending MACD cross on 6 month
- PT upgraded to $200 by Solar Stock Analyst: Biju Perincheril
- PT1- $162.28
- PT2- $172.86
- PT3- $190.69
benzinga.com/analyst-ratings/analyst-color/21/03/20253879/susquehanna-upgrades-solaredge-enphase-on-strong-residential-solar-growth
- Impending MACD cross on 6 month
- PT upgraded to $200 by Solar Stock Analyst: Biju Perincheril
- PT1- $162.28
- PT2- $172.86
- PT3- $190.69
benzinga.com/analyst-ratings/analyst-color/21/03/20253879/susquehanna-upgrades-solaredge-enphase-on-strong-residential-solar-growth
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.