ENPH, REVERSAL COMING!

Hello fellow traders and investors, here's another trade idea.
ENPH has recently pulled back to the bottom of the consolidation zone and will most likely head to go to 172$ which is a 20% ROI and they also will most likely return to all-time highs which would offer a 50% ROI.

Technicals:
The Macd indicates that it's oversold
The RSI indicates that it's relatively oversold
The volume indicates that the selling volume is getting exhausted so we will most likely see a reversal coming.

When To Buy:
Now

When To Sell:
Wherever you feel more comfortable either at 172$ or 215$.

Fundamentals: Enphase Energy engages in the design, development, manufacture, and sale of microinverter systems for the solar photovoltaic industry. They have a P/E of 160, a P/S of 24, a debt/equity of 0.68, sales growth Q/Q of 26%, an EPS growth Q/Q of -43% and a profit margin of 17%.

Rating: 80/100 the technicals look amazing but their valuation is quite expensive so they deserve a 80/100.

I hope you enjoyed this quick analysis and many more to come.
If you enjoyed please leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
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