ENPH Bullish Flag Breakout Price Action Rules

ENPH Bullish Flag Breakout

ENPH has drawn a bullish flag with a breakout. ENPH started to trend back in September of 2017 and is currently presenting a Trend With A Benefit. ENPH (looking at a 2-day chart) drew a bullish engulf followed be a bullish T-Line Run and then rested (Flag), yesterday price action (Daily chart) broke out of bullish engulf flag suggesting the buyers believe price can go higher. BOP is green for the BOP followers, and the V-Stop has gone flat for the past eight bars.

ENPH Bullish Flag Breakout

With 40% possible reward and a 5% risk, we believe ENPH with its bullish flag breakout is a candidate for our watchlist. Get the complete TV2020 trade plan right here

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SPY Bullish Price Action

Yes, that was bullish price action! Yesterday the SPY closed up $2.48 from Friday’s superb bullish day. The close yesterday ($277.90) should not be much of a surprise with a clear resistant level at $277.90. The Red White and Blue chart is now back in a bullish trend so bring on those benefits that come with a bullish trend. Keep your eye wide open I suspect trending benefits will be happening soon. Flags, Pennants, Triangles, wedges, J-Hooks, Pop Out Of The Box, and more.

VXX – According to the VXX chart, no fear is in sight, of course until there is fear.

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Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020 or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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