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ENPH rebounded after the inverter ban, surged again, and then dropped back to where the move first started.
It’s currently touching a resistance level and pulling back—maybe this is a classic hedge fund play; the current price is $48 $ENPH . Maybe this is an important retest point.
$ENPH
To truly break out, it may need to clear the previous 51 negative GEX from 7/17.
But no matter what, the current position is worth keeping an eye on.
NFA