5% decline in market cap on 30-40K volume is #$%$. Easy short, impossible daytrade, hard to be long. Going long. Hah!
Sentiment: Strong Buy
Good analysis--I am doing the same....
Just wait until they announce 3Q sales. Could be impressive. Don't forget that at the end of 2Q the company was beginning to see a fundamental shift from string inverters to microinverters in the European markets. That bodes well for ENPH.
More cheap buys right here; adding to longs. GL all!