Enphase Energy $150 (2025), VF Corp $45 (2025), SLX ETF $60 (2025): 3 Must-Watch Stock Charts for Investors

Track critical technical indicators for ENPH, VFC, and SLX to make informed investment decisions.

Highlights

• Enphase Energy’s stock recently surged past a long-term downtrend, balancing between its 50-day and 200-day moving averages.
• VF Corporation shows signs of a bullish reversal with an inverse head and shoulders pattern formed over the last four months.
• The SLX ETF has broken out of an ascending triangle pattern, signaling a potential continuation of its upward trend.

Here's an in-depth analysis of three significant charts influenced by recent news, spotlighting key price levels to watch closely.

Enphase Energy, Inc. (ENPH)

Shares of Enphase Energy, a leading solar technology company, have gained momentum after breaking above a multi-month downtrend. The stock currently trades between its 50-day and 200-day moving averages, which may serve as pivotal support and resistance levels. Despite a 50% decline this year, recent price action suggests the market has largely priced in the sector’s challenges, including the company's recent announcement to cut roughly 10% of its workforce and streamline manufacturing operations by closing facilities in Wisconsin and Romania.

V.F. Corporation (VFC)

VF Corp experienced a sharp 7.8% drop following a cybersecurity breach that temporarily affected order fulfillment across its e-commerce platforms. The apparel powerhouse, owner of brands like Vans and Timberland, is navigating the implications amid the crucial holiday sales period. Technically, VFC seems to have formed an inverse head and shoulders pattern over four months, with last week’s breakout above the neckline and 200-day moving average challenged by recent price pullbacks. Investors should watch for price behavior near current levels to assess potential upward momentum or a possible bull trap.

VanEck Steel ETF (SLX)

The VanEck Steel ETF jumped 2.8% fueled by news of Japan’s Nippon Steel acquiring U.S. Steel in a $14.9 billion deal, representing a 40% premium. Rival Cleveland-Cliffs shares also surged as shareholders endorsed the company’s decision against a higher counteroffer. SLX, weighted with both U.S. Steel and Cleveland-Cliffs holdings, has been trading within a large ascending triangle for two years. The recent breakout suggests continued upward momentum, though a retest of the triangle’s upper trendline may precede further gains.

Note: The insights shared are for informational purposes only and do not constitute financial advice. Please review our warranty and liability disclaimer on ZAMONA.

As of this article’s publication, the author holds no positions in the mentioned securities.

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