ENPH just bottomed here around 25 and doubled from the bottom already.
I see all good reasons to go long here -
Started a long position, Despite the market condition is bad , this one has good R:R from this level.
Target 1 - 58-60
Target 2 - 78-80
Stop loss - 30
If things played out as expected, this has a potential to become 3x-5x from here.
I see all good reasons to go long here -
- Sitting over the 200MA
- Filled the Earnings gap
- Sitting on volume shelf support
- In the discount pullback zone
- Kind of a Cup & Handle setup
- Kind of a Bull Flag setup
Started a long position, Despite the market condition is bad , this one has good R:R from this level.
Target 1 - 58-60
Target 2 - 78-80
Stop loss - 30
If things played out as expected, this has a potential to become 3x-5x from here.
Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.