ENPH has been beaten to a pulp right to our downtrend line PERFECTLY. I’m expecting some tight consolidation and maybe even a double bottom prior to earnings before ENPH makes it was back up towards to 260 *maybe for an IVS H&S neckline. Followed by a trip back to 224 for seasonal pullback. All if the market cooperates…I see the weekly uptrend line as well…I think...
Nice Short opportunity coming at top of MEGAPHONE pattern on the weekly (invalidated with a break over 249.10)