just4tradin

ENPH - ready for a take off?

Long
just4tradin Aktualisiert   
NASDAQ:ENPH   Enphase Energy, Inc.
ENPH is quite a volatile stock. It’s been a multi-bagger since the 2020 elections.
This has been hammered lately and looks like bottomed out.

Recent uptick in volume showing signs of recovery.

Long - around 100ish
Stop loss - 85

Target #1 - 175
Target #2 - 230

So much of supply ahead, won’t be a smooth ride.
And note- this one has political risk as well.
Manage your risk and position size carefully.
Kommentar:
Today’s after hours earnings move confirms with a strong volume and up13%

Trade ist aktiv:
Added some more commons this morning, This is very high momentum and volatile stock. Not planning to go heavy on this name. This is relatively small position in my portfolio though.

IMO, this Can reach 140 mostly by next week.

Trade ist aktiv:
Trimmed some at 140 and Added some more today

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