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RayTrounday
Feb 16, 2020 4:41 PM

ENPH - Watch list Long

Enphase Energy, Inc.NASDAQ

Description

I am not prepared to make a recommendation but I am intrigued by the company. It is in the renewable energy space. Fundamentally, the stock is a bit overvalued with P/E, PEG and P/B overvalued but it is in the solar energy sector. I am including my current wave count and would look for entry into the stock between 30-35 for what I expect eventually will reach $50+.
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