$ENPH Strong Relative Strength

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ENPH I am already Long this name and added this morning. Still only ½ size position in this wild market. This name has been showing Relative Strength for some time now as is the whole solar sector. I have my relevant notes on the chart. I expect the next level of resistance will be in the $216 area. If it can get above that I think a reasonable target area is $250 to $280 area. I’ll be looking to add over the $216 area if it can get there. Ideas, not investing / trading advice.

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تم إغلاق الصفقة يدويًا

In this choppy market I'm protecting capital more than trying to be right. I've closed this position at a very small loss this morning about 35 minutes into the session. I'll be looking for possible re-entry set-up.