Enphase Energy, Inc.
Long

$ENPH Enphase Energy Long on Tuesday

617
Up 67 % from the previous earning report makes it somewhat of a risky hold into earnings.
One major positive is the way in which the stock reversed 12% last Thursday after touching
the long term trendline (blue). This is a good signal that buyers are willing to buy any dips.
Tuesday we will look for a trade on a deal from the downtrend , with the targets as per chart.

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