E2NP34 trade ideas
Expect ENPH breakout by EOY 2025. Buy <$60Trends:
- LT parallel channel shown marks some key trendlines for the company since IPO
- LT falling wedge intersects the bottom of this channel H2 2025 --> a buying opportunity above $50. If that breaks, falling wedge ends around $35, a 30% downside (or 40% vs today's price).
- The early 2023 peak aligned with peak in revenue and net income (decline matched stock decline). We're now seeing revenue and net income growth again (growth can bring back stock growth)
My Bias:
I'm a long-term believer in solar. ENPH plays mostly in the residential solar space (and is expanding into small commercial). They are often lauded for their high levels of customer service.
Investment Thesis:
We're back to financial growth but the stock is down. We're in a few months window before LT trends converge mid / H2 2025. If we break bullish from falling wedge and hit LOWEST point of parallel channel by EOY 2026, we'd be at $70/share (16% upside from $60; 40% upside from $50). This is my expected worst case scenario, meaning anything under $60/share is now a buying opportunity.
(weeky option) ENPH perfect set up. Call- D1 shows a break-resistant line and has been retested.
- RSI is above 50 with a higher maRSI, indicating bullish momentum.
- The price is above the Ichimoku cloud on D1, also signaling bullishness.
EXPECTATION: The price is likely to rise this week. Consider taking profit when it reaches the red line on the chart, as I believe this stock could decline further, so secure profits when possible.
4 Years of DeclineWith the highs of February and March 2020 and the May close of the same year we'd got a temporary high that may become a support now. This has been tested already in the past November and in January this year. Now we are testing it a third time. If not broken this month we may have seen a firm bottom now.
The corrective potential is immense.
ENPHEnphase is a solar energy producer currently sitting at the all time .886 retrace of the 2022 highs.
The chart is showing a larger time scale completion of a 5 year large harmonic M-shape structure and locally another at the pattern completion zone.
I think this could be a good entry point for a longer term macro position trade.
Enjoy < 3
ENPH bullish setupEnphase has a presented a solid bullish setup with 2 impulsive moves that retraced to their respective 0.618 fib level, and a breakout of the descending trendline.
A long can be taken now with a stop loss at $68.50 and price targets at $90, $100 and $115, the last being the mid point of the large consolidation range on the monthly timeframe.
ENPH to $80?
Will the christmas rally enable ENPH to go back up towards $80? Given the downward trajectory of the stock price, there is not much belief in ENPH. However, it looks like it could bottom out at this level around $70. If that is the case, there will be some clear resistance at around $80 where quite a bit of volume entered but it would mean a 14%+ move from current level. IV% does not look fantastic, options not very cheap, but still something to track ones it starts moving.
ENPHThis stock has experienced an 83% decline since all time highs, but there could be a good chance here for people to make an investment. A pattern is reveling itself on a weekly time frame and under the same 52 week window, represented by the red horizontal lines.
52 weeks
RSI and price action is at the same point as 2015-2016
Stock is 83% down from ATH
As shown before in this pattern, there is a chance it goes slightly
This is not financial advise, I am not a financial advisor. Please only use this as a form of reference and awareness of market moves.
Enphase Energy, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Enphase Energy, Inc.
- Support=0 | 012345 | Wave Template
- Retracement 1 | 0.382
- Retracement 2 | 0.618
- Awaiting Target | Intraday
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
ENPHASE ENERGY (ENPH) Short Play: Bearish Momentum Building!Technical Analysis:
Enphase Energy (ENPH) on the 15-minute timeframe signals a solid short trade setup. The price is moving steadily below the Risological dotted trendline, showing sustained bearish pressure with room for the price to descend further.
Key Levels:
Entry: 78.13
Stop Loss (SL): 85.38
Target 1 (TP1): 69.18
Target 2 (TP2): 54.69
Target 3 (TP3): 40.20
Target 4 (TP4): 31.2
5
Observations:
The price is consolidating near the entry, showing potential to test the lower targets.
The Risological dotted trendline continues to act as overhead resistance, indicating a strong bearish outlook.
Enphase Energy is positioned for a potential decline with all targets set. Traders should watch for a breakdown below TP1 to confirm continued bearish momentum and aim for deeper targets!
Back with another value stock for playing the next 4 years The Foxx is back.
After a stellar success of ALTM, I dont think I have to mention to my esteemed followers the power of value investing.
I wont give you all the jagron of the DCF and the P/E Multiples on this platform but feel free to DM me for additonal info.
ENPH, my new entry. Previously, I did not mention my holdings in ALTM but to put things in perspective, i owned 100,000 stocks at 2.21 of ALTM. Sold 50,000 at 4.9 and 50,000 at 5.4 respectively. i'll let you do the math on the realized numbers.
Enphase is a strong clean energy stock. and with data centres going clean and the news flash of nuclear power deals with the AMZN MSFT GOOG, people and Mr. Market is missing out on one good and important factor. Nuclear will take 5-8 years to kick in. till then it is wind and solar.
so, without boring you more, I would like to announce to TV and the followers of Foxx Invest that The Foxx has initiated a position in ENPH at 83.92 of 1800 stocks with a buy order for more 1000 at 73.0
Please do not take this as investment advice. this is me sharing my position.
Stick to value investing and if you have more than 2-3 lines (only trendlines) on your chart - you will take losses. Period !!!!!
Take care
Make money - thats the only thing that matters in life after health and family.
Foxx
1DTE short put for $ENPH -1 $104 put 10/4 1DTE short put for NASDAQ:ENPH
-1 $104 put 10/4
Opened on 10/3 for a $100 credit @ 2 PM EST
Happy to take assignment as NASDAQ:ENPH is exceedingly tradable, (great premiums, high volume, pretty consistently bouncing between $120 and $105). ENPH is a great stock for weekly and less than weekly short options (wheeling).
ENPH: Play the Channel or Wait for a BreakTaking a look at ENPH after it's epic run. Will it repeat the magic anytime soon?
This is a great company that's remained profitable in a tough business through high rates.
This Video highlights levels I am looking at. It's tough to imagine a ton of upside, but this company is legit. Just a question of earnings.
Not mentioned- aggressive moves in between the channel are very risky but can pay if you play at the extremes.
