Jan. 31 at 6:52 PM
$ENPH (Enphase Energy) is trading near ~
$36–40 heading into earnings Tue 2/3 (AMC). Options are pricing a large expected move (~13–16% range) around the report. 
Key Levels Traders Are Watching:
Resistance cluster: ~43.00 – 45.00
• Near prior supply; breakout clearance shows strength. 
Near pivot support: ~38.00 – 39.00
• Immediate demand zone this week. 
Deeper support: ~34.50 – 36.00
• Secondary support if downside expands and volatility hits. 
Stretch upside breakout: ~50+ if earnings spark extended momentum. 
Implied Move Range Into/After Earnings:
• Upside target ~+13–16%
• Downside target ~–13–16%
This reflects the wide options-implied move priced before the print. 
How pros are watching it:
• Acceptance above ~45 with volume = bullish continuation
• Failure below ~38 = widen downside toward 34.5–36 first
• Post-earnings reaction at levels > headline number
