I think that enphase making a triangle pattern on the weekly chart, I can see a nice move on any side. what do all thing about that ? And I am new to this, so any help would be appreciated.
NASDAQ:ENPH * Expecting ENPH to " GO UP " * my avg entry = 166.92 * my target = all time high * duration = very LONGTERM all based upon my own risks. why i entered: *it is trading inside a ascending wedge pattern *it is in support level *it is taking 200 EMA support in weekly chart as well. note: * ENPH does not pay any...
ENPH, consolidation with high volatility and breakout of the zone with higher high. R:R - 2:5 ATR
Looking at the price action and what my chart tells me, I am confident price will reach $200 levels. My chart is telling me it will not coming back to $145 levels and the direction of movement is going to up. From current levels the gain on long side would be 20% if trade is taken now and exited at $200 levels. I am making personal observation for my...