Enphatically

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I’ve got a short idea for you: Enphase Energy (symbol ENPH). What I would suggest is that, failing a push above the $101.86 price level, we’ve got a good opportunity for a major move down well into 2024.

The bigger picture shows the absolutely gargantuan topping pattern which is the basis of my idea. The stock has already lost the vast majority of its value, but I think there could be plenty of downside remaining.