$ENPH - lost 50% of the move from Jan 2022 low to Nov 22 high, around $225 level. Made an attempt to reclaim this level this week but big rejection. A weekly close below $201.68 is potentially negative. Weekly MACD crossing below the zero line - not a good sign.
Levels to watch on the downside is around $197.50, $167.50
Levels to watch on the downside is around $197.50, $167.50