$ENPH Is Up 54% From the Lows, Patience Is Paying Off 馃殌

PeterDiCarlo
05-15

$Enphase Energy(ENPH)$ is up 14% today and 54% off the recent low.

This is where patience does its job. We took the disciplined pain of sitting through the pullback.

Now the expansion is playing out and the trend is doing the heavy lifting.

I鈥檓 still fully positioned.

If I wanted to reduce risk, I鈥檇 scale a bit off here, but my read is that there is still meaningful upside as long as the current structure holds.

$ENPH +30% move off of Smart Money Zone

Not every trade will go your way, but patience is the key.

You need to give setups the ability to breathe.

Still targeting $50+ in the coming 6-12 weeks

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