The solar sector has been leading the broader markets for some time now, very much eyeing ENPH along with some others in the sector for a run-up & breakout prior to, and after their earnings. ENPH is holding a big symmetrical triangle on the daily timeframe after closing on Friday sitting on its 20-Day SMA. ENPH additionally has some nice bullish divergence on the RSI on the daily timeframe, as well as holding an ascending triangle on the 4-Hour timeframe after forming a bullish butterfly harmonic pattern (See Attached Chart Below). Bullish and will be looking for a breakout from this triangle (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.
4-Hour Timeframe
https://www.tradingview.com/chart/ENPH/tdBmHC23-ENPH-4-Hour/
--Previously Charted--
https://www.tradingview.com/i/Leta1Iqc/
https://www.tradingview.com/i/ULwN0dwp
https://www.tradingview.com/i/oY7XfPVU
PT1- $198.17
PT2- $200.85
PT3- $203.22
PT4- $206.60 +
4-Hour Timeframe
https://www.tradingview.com/chart/ENPH/tdBmHC23-ENPH-4-Hour/
--Previously Charted--
https://www.tradingview.com/i/Leta1Iqc/
https://www.tradingview.com/i/ULwN0dwp
https://www.tradingview.com/i/oY7XfPVU
PT1- $198.17
PT2- $200.85
PT3- $203.22
PT4- $206.60 +
Nota
PT1 Reached ✅Dagangan ditutup: sasaran tercapai
All price targets reached ✅
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.