ClearValue Team Insights
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Three Rejections for ENPH in the Green Zone
ENPH has been trying to form a bullish breakout above $137.41, but has faced three rejections in the green zone so far. I would be cautious for a selloff after so many rejections. If the price does hold I would monitor for a fourth attempt to break above the green zone with $137.41 as a […]Read More
QQQ Facing Resistance at $486.50
NVDA had a correction and QQQ has dropped with it. I would give QQQ some time to bottom out and start an uptrend. I have $486.51 as a key resistance level to monitor on the way up whenever QQQ starts to rally again. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSPY Retests the White Trendline
NVDA had a correction, and the narrative is that NVDA is taking down the S&P and NASDAQ with it. SPY was trading at new all time highs above the yellow trendline, and formed a bearish gap lower at the white trendline. There is a short-term bounce forming at this white trendline around $543.17, and I […]Read More