ENPH

ENPH

Enphase Energy Inc





 





Enphase Energy, Inc. is a global energy technology company, which engages in the design, development, manufacture, and sale of micro inverter systems for the solar photovoltaic industry. The firm's products include IQ 7 Microinverter Series, IQ Battery, IQ Envoy, IQ Microinverter Accessories, IQ Envoy Accessories and Enlighten & Apps. It operates through the following geographical segments: United States, India, China, Mexico, New Zealand, Romania, and Other. The company was founded by Raghuveer R. Belur and Martin Fornage in March 2006 and is headquartered in Fremont, CA.

Big swing down here. Lots of potential multi HTF bottoms looking like they are being put in. Saw biggest vol increase since 2020. If we can reclaim 9wma/115 that will be the starter for a move higher. stop is tight looking to add on any good buy days. 

Massive growth. Still increasing yet down 66% from ATH.

Technicals also shifting well. Making a HH and not immediately stuffing it lower. 9/20wma also cross since ATH. 

Day of entry was bizarre. Ended up being up 10% only to lose 8% and close barely green on the day. Led to more buying though and now at crucial 108 to 114 range. 

Common days were positive. Looked good for slight move higher. 

Avg in 108.20

PT 140

Risk 100, moved to close under 105 if buying does not continue. 

1/28

Not a great look, closed under all MAs on Friday. Close under 105 still risk here. Seems likely.

Sheets are in working so cant look at numbers. More than likley would be good either way. 


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