Enphase Energy, Inc.
Short

Earnings Beat/Guidance Not Gr8

185
ENPH reported earnings and was a beat on revenue and EPS, however guidance warning of a slow down this year.

Price is hovering over the .382 of the trend up since the covid low.

Engulfing candle noted.

Possible M pattern forming.

Price opened with a bang but fizzled with an engulfing candle noted.

Whittling down to T4 as T1-3 have been met. I usually do not calculate this many targets for a security and do not remember why I did that! LOL

No recommendation with possible pull back to green support trendline.

Short interest is around 4.4%.

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