Enphase Energy, Inc.
Short

Is This Sustainable?

245
Price is well over the bands set on 80. Chances are very high that price will eventually pull back to the interior of the bands.
ENPH broke up from a possible bullish bat a while back.
Earnings beat that was obviously well received.

Gap below price that may cause price to pause as it could serve as a level of support.

Possible W extension pattern formed and may have landed just above the 200% mark. Remarkable to say the least.

Short is approximately 3.43%.
Price is up in la la land after a new ATH and this could even pull back and make another run for it.
Time will tell.

No recommendation/be safe

Bearish Harami on daily at this moment/Doji on weekly and monthly charts representing indecision.
Possible short for the near term. I plan to revisit this one

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