ENPH

Atualizado
Enphase Energy, Inc. Trade for a period of six months. The trade will be helped to predict the rise in oil prices and, in general, for all energy carriers. The security looks like a final correction in the second wave, from where the third wave begins in terms of growth by 52% to the price of $237, which is slightly above the historical high. The price moves inside an inclined triangle, there are no patterns in the past, which increases the reliability of the trade. You can enter now part of the position in order not to miss the movement, the support levels are at $147.19 and $138.34, where you can get the rest of the position. The price of $133 is conventionally considered the stop order level, but the stop should be the end of the day stop - there is no need to place a physical stop on the market. The breakdown of the model will be if the price goes below $120.
Trade fechado: objetivo atingido
The paper reached the target much faster than I expected) However, the period of six months has not been canceled - there is no pattern yet, I expect a retest of the historical maximum and further growth.
Chart PatternsFundamental AnalysisWave Analysis

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