Enphase Energy leans on SMA support - Analysis - 23-09-2022
Economies.com
2022-09-23 12:01PM UTC
Enphase Energy's stock (ENPH) tumbled in the intraday levels amid negative signals from the RSI, while gathering positive momentum to rise anew, leaning on the support of the 50-day SMA, amid the dominance of the main upward short-term trend.
Therefore we expect the stock to return higher, targeting the important resistance of 324.85, provided the support of 272.00 holds on.
Expected trend for today: Bullish
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