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.
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