ENPH strengthening MomentumENPH has strengthening momentum. This is an hourly chart. Looking for around 117.Longby simplenothingUpdated 1
Possible SupportThe trend line on the screen has been support for many years. Price is revisiting this trend line with the most recent earnings. 75 - 80 may serve as local support and price may bounce. Good risk to reward as a stop is just below trendline. Not financial advise. Longby ThnacksUpdated 229
ENPH Pattern Breakout and Gap Play - ENPH Brok out of the descending wedge, and is now holding the 108 - 116 gap area. Will look to go LONG on next dips to gap area or 8/21 EMA Longby UNITEDTRADERSXPublished 2
Enphase Energy - ENH (MAGS) - LongLooks like Enphase is reaching a Wyckoff accumulation phase with channel resistance helping to direct price into the accumulation schematic. Spring could bounce off resistance turned into support. Price to seek imbalance at the gap around 0.618/golden fib zone. This target zone coincides with a line of best fit/trend line through Daily price chartLongby BullBearBlairPublished 224
ENPH what is the next .?The stock still in bearish trend , the positive trend will establish above 132 $by bo3loookaPublished 0
Enphase Energy $ENPH Trade IdeaLast Friday I entered a new trade on NASDAQ:ENPH as we closed above the 50MA on daily candles. The trade is profitable for now, my target is $124 in the short term and we might see a pullback over the next few days as the oscillators are showing overbought conditions. We can also see the diagonal resistance level that has been in force for some time now, which lines up to that $124ish target. In addition we could see the price fill the bullish gap quickly. One thing to note is that MACD has crossed above the 0 line which might suggest continuation of the bullish momentum. The moving averages are starting to slope up which also points to a potential further bullish momentum. If the price pulls back to the 50MA I will likely add more contracts to this trade. Hope this was helpful, follow me for more trade ideas. Thank you, BKLongby KonstandinovicPublished 1
ENPH bullI am bullish on ENPH, in the upcoming sessions there could be some bullish moveLongby orkhanrustamovUpdated 4
Expectation to reach and break 98.42 in the next daysAccording to the method explained in the video we expect on NASDAQ:ENPH for the next week a prosecution of the downside or flat trend and then a return over 98,42 dollars to close the T+2i upward wave. 16:18by TRADOMICS_Published 2
ENPH Short In Progress*Posting this a couple months late since I've been more preoccupied with Crypto Saw a lot of people calling for $400s in August since price looked to be finding a bottom around $150, but felt the rate environment and overall outlook for S&P would make this nearly impossible to happen. Took a contrary position due to believing price should be around pre-covid levels, and it has been working quite effectively. Potential bounce soon back to $96, from where I can see price revisiting $33 or $18 worst-case. Let me know how you feel about ENPH.Shortby JordsitoPublished 3
keep finding $ENPH's supportsCopy & Paste from the web! Enphase reported earnings per share of $1.02, missing the $1.03 estimate. The company posted revenue of $551.1 million, Which fell short of the $566.02 million estimate. Enphase cited high inventory at its distribution partners and softening in demand in the Netherlands, France, and Germany, its key markets. The company anticipates fourth-quarter revenue to be between $300 million and $350 million, far short of the $601.24 million estimate. President and CEO, Badri Kothandaraman, highlighted other developments for the company, saying, " Solargraf, our cloud-based design and proposal software platform, now provides NEM 3.0 functionality for solar and battery systems in California. We began offering 3D and shading features and continue to make progress on new features and functions. The software platform is now available to installers in the United States, Brazil, Germany, and Austria."Longby KhanhC.HoangPublished 2
Mega Cap Tech Strong / Banks weakThe market almost closed positives today in the back of tech stocks rallying. A massive gap down was bought up off the lows today. Banks continuing's to sell off despite yields and the dollar cooling off today.12:35by Trading-CapitalPublished 1
$108 or $59 support. 10% or 50% more down until bottomENPH is facing headwinds from multiple directions. After a few years of sky high valuations, it is being looked at with fundamentals. Current PE of 30, so we could reasonably fall to a PE of 20 if the broader market crashes or if the CleanTech bubble (continues to) pop. Either 10% down from here ~$108 or 50% down from here ~$59 are plausible IMO. I like what these guys do, but I'm going to be cautiously on this one.Shortby HandsomeSlothUpdated 8
Enphase EnergyThis is a chart of Enphase Energy (ENPH). For those who are not familiar with the company, Enphase Energy develops and manufactures microinverter systems for the solar photovoltaic industry. They are one of the preeminent companies in solar power. Recently, price gapped up on the daily chart following news that Congress would pass legislation to fund sustainable infrastructure projects. In the above chart, each candlestick represents a 6-month period. Analyzing higher timeframes can often help us determine trend reversals long before they happen. This higher timeframe chart reveals a very peculiar candlestick pattern: the sneaky bearish tri-star pattern. This pattern occurs when three Doji candlesticks form after a bull run. This pattern can warn that a major reversal is coming. See below image. A bearish tri-star pattern is an insidious topping pattern that Wall Street smart money would love for you to not know about. In short, it appears because Wyckoff distribution is occurring underneath the surface. While I cannot describe the entirety of Wyckoff distribution in this post, I can say that, in short, Wyckoff distribution is when smart money gradually distributes or sells their shares near the top. The gradual nature of the selloff traps the unsuspecting "weak hands" (mostly small retail traders) who buy while unaware that the bull run is in its final phase. Sometimes, since smart money is especially manipulative, they manufacture a sudden upthrust in price near the end of the Wyckoff distribution, which may be what's happening right now. This sudden upthrust (UT or UTAD) is a price move above resistance that quickly reverses and closes lower. The upthrust is a test of the remaining demand. It is also a bull trap: It appears to signal the resumption of the bull run but in reality, is intended to trick uninformed breakout traders. A UT or UTAD allows Wall Street smart money to mislead the public about the future trend direction and, subsequently, sell additional shares at elevated prices to breakout traders before the markdown begins. In addition, a UTAD may induce smaller traders in short positions to cover and surrender their shares to the larger interests who have engineered this move. In my years of trading experience I have seen the above chart many times before, and the result is almost always the same. This chart is in the phase that some of us traders call a "fake out". A fake out occurs when price appears to be breaking out when actually it is just forming an upper wick. This occurs when price has been moving within an ascending wedge and after bearish divergence has occurred on the RSI. The final phase is when the RSI breaks out after bearish divergence and while in overbought territory. Price then pulls back down strongly and a long upper wick forms on the candlestick. In essence, this is just another way of visualizing the upthrust phase of Wyckoff distribution. The final RSI breakout is the UTAD of Wyckoff distribution. Here's another Trading View user who is apparently seeing the same thing as I am, though this post is from before the current upthrust: Also worth mentioning is that it is interesting that corporate insiders have been only selling their positions and there has been no reported insider buying for nearly a year (see below). This is not usually predictive of future price action, but it can give a general sense of sentiment among insiders at a company. So it's worth watching to see if ENPH will reverse downward. Perhaps it will blast through this level and my analysis prove wrong. As a trader, you must always be willing to accept when you're wrong because your money is more important than your ego. With that said, just remember this is a long-term chart and price may continue moving up before reversing down. Some related charts, including the charts of ETFs that hold ENPH and the ENPH/SPY relative chart, suggest that ENPH does have the momentum necessary to break out to the upside. It's just looking very suspicious right now. This post is not making a short call on ENPH, it is just an observation. It is not financial advice. Although I may choose to open a position, at the time of writing this, I have neither a long nor a short position open on ENPH. This is an objective, non-biased analysis. I'll be keeping an investigative eye on this chart. by SpyMasterTradesUpdated 303057
I'm looking for $ENPH's resistant levelsBased on 24 Wall Street analysts offering 12 month price targets for Enphase Energy in the last 3 months. The average price target is $180.82 with a high forecast of $262.00 and a low forecast of $114.00. The average price target represents a 43.79% change from the last price of $125.75.by KhanhC.HoangPublished 1
ENPH: OVERSOLDEnphase is severely oversold on the weekly chart and is showing a double pattern from the low of Mat 2021. Expecting a bounce to $132 for PT1, then $140 for PT2.Longby FiboTrader1Published 113
Pull Back Fishing???This would be major time pull back fishing!! The market has been teetering down as of late. Slowly but surely. Seems staples and consumer goods not on the top of the list. I am thinking that not many of us are planning to buy solar panels and get rid of our local power company this month either )o: But who knows if the government pays for the conversion. These days I never say never. No recommendationby lauraleaPublished 4
ENPHASE ENERGY ($123) LONG IDEAcan add more at 116 , chart pattern suggest demand hereabouts , hopefully third times the charm here . stoploss weekly close below 99 Longby himeshforexPublished 3
ENPH LONGLong term chart shows two bullish orderblock right underneath where it is trading. 96.58 is my first entry with stop loss set at 0.5X 2nd Orderblock. For long term hold, I am more inclined on entering when the lower orderblock liquidity is swept. Which would be a golden opportunity at around $75/Share PS: Not Financial advice. Do your own due diligence. Longby unstoppabulltradingPublished 9
ENPH Bear CaseST - There are lots of gaps we made on the way up. I expect those to all fill (as they have historically). LT - I don't see why ENPH won't behave like most all other names who went above LT resistance in COVID and have since come crashing down below. If you have an idea as to why - please let me know!by HandsomeSlothUpdated 444
ENPH - a long energy trade LONGENPH is in the energy sector which has been strong in the past couple of weeks. On the 2H chart over the past two years visible, ENPH is just above its support. It is about 50% below its pivot highs of 9-12 months ago and in a parallel descending channel. I believe that ENPH is now set up for a 50% retracement of the Fibonacci type. Fundamentally, two or more good earnings reports is certainly reassuring as is the present sector trend. I have drawn in horizontal levels/lines for targets. I will take a stock trade long and investigate a 6 month duration options contract as well. Please comment if you are interested in those details.Longby AwesomeAvaniPublished 338
$ENPH - Could start a consolidationNASDAQ:ENPH Looks like $133 is providing some support. $133 is a fib ext. as well as a stair step measured move. So it should be a decent support. It could potentially consolidate between, $133 and $160. If $133 breaks, next support is $120.by PaperBozzPublished 335
ENPHIt is expected that the fourth wave will end, for the beginning of an upward wave, to achieve a price of $170Longby Abu_malakPublished 6
Buying ENPH dip Hello frends, I am buying the blood on ENPH as I presume this will rally to 200+ Put some levels to use as pt points and buybacks I have picked up long dated calls. Not financial advice just my ideasLongby UnknownUnicorn5645658Updated 114