BY LICIA LESLIE
April 26, 2024
Hi Shoppers,
Thursday’s price action has created a beautiful hammer in Enphase Energy (Ticker: ENPH) and finally closed the gap created after the last earning report on Feb07.
Check it out:
As you will recall, a hammer signals a possible change in trend.
The stock also managed to close above the support at $106.20.
As always, wait for the confirmation of the stock trading higher this morning.
Resistance is at $111.65 and then $115.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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