ENPH: repetitive price action?The black arrows might unfold as similar price actions.
Below 194.00 supports a bearish trend direction. Crossing above this level will negate the bearish stance.
Further support from 179.75 for further downside potential.
Consolidation price action between 169.75 and 186.00.
Crossing below 169.75 might target 153.25 (to complete the repetitive price pattern).
A break above 186.00 will be the first sign of strength returning to the stock.