ENPH has been getting hit relatively hard compared to the broader market, was in the oversold range for a while, and has been hovering in the $145-155 range for a little while now. ENPH's first support level is at $149.42 and then resistance at $162.28. Needs to break and hold above that first resistance but will be looking for a breakout from there. However, this will depend on overall market conditions with respect to volatility and a potential pullback as markets are nearing ATHs.
- Impending MACD cross on 6 month
- PT upgraded to $200 by Solar Stock Analyst: Biju Perincheril
- PT1- $162.28
- PT2- $172.86
- PT3- $190.69
www.benzinga.com/ana...dential-solar-growth
- Impending MACD cross on 6 month
- PT upgraded to $200 by Solar Stock Analyst: Biju Perincheril
- PT1- $162.28
- PT2- $172.86
- PT3- $190.69
www.benzinga.com/ana...dential-solar-growth
