$ENPH it’ll go down a bit more as the RSI normalizes within the 30-80 range. We were overbought well over 80.00 for most of the month. Had 100.00 RSI from may 8th-12th. I foresee this hitting $45-48 as part of a healthy pullback. Long term, bullish - healthy company with a good product offering
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The RSI has a tendency to oscillate in the purple region, with below 20.00 and above 80.00 being extreme regions. Rebound could happen soon, just be sure to check the volume