Quill Has Said Many Times, "Charts Don't Lie. People Do."

If you want an example of the consequences of ignoring basic investment facts, then read what was being said about ENPH on one of the other forums, with one person bragging about taking on “a new full position” ahead of earnings. (How’s that working out for you, Saul?) Enphase, a new full position

Yesterday, ENPH was trading at $220. Today, it’s being marked down to $176. So, is ENPH now a bargain? Not when ‘Fair Value’ – using a DCF model-- is $145. But a chart says it even better that ENPH was a falling knife and that today’s price decline should have been expected.


ENPH is down to $168 range now…doc