View: slopechart_ENPH.jpg

slopechart_ENPH.jpg

ENPH - The third time might be the charm. 
Past two months of indecision candles trying to hammer and hold a new high. October needs to hold above the Green uptrend from May '21 or it is No-Go, Joe.

Image added via SlopeCharts
slopechart_ENPH.jpg

Comments

VioletViolet
Daily ENPH. 
Good bit of air and two gaps below the May '21 uptrend. 
Fallen into the Ichimoku Cloud. Touchy situation. 
10/3/22
ClawsClaws
The number 3 is very important in trading. If it hits resistance 3 times without breaking through then it's likely to drop like a stone. If it hits support 3 times without breaking through then it's likely to launch. 10/3/22
vinzcvinzc
i was just talking about that @Violet - nice to be on the same page.  
 
10/3/22
vinzcvinzc
what i find to be particularly striking in this instance is that the current price is sitting at the high of 2021. that 7/25 weekly candle basically takes you from 21 highs down to 20 highs. @Violet 10/3/22
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