№ 054 · Almanac · · 1 min
What we learned the week ENPH hit its 200-week SMA in 2018.
ENPH touched its 200-week line in 2018. Twelve months later: +447.9%.
ENPH reached the line on September 10, 2018, closing the week at $4.03. Its 200-week mean was $4.20.
Twelve months later: +447.9%. Three years later: +3,826.1%. Five years later: +2,883.4%.
From that week to this, the move is +802.5%: $4.03 → $36.37.
— Patience is the trade. Conviction is the discipline.