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AcornWealthCorp
Jun 10, 2020 3:17 PM

ENPH - H&S formation short setup  Short

Enphase Energy, Inc.NASDAQ

Description

Strong insider selling. Multiple insiders at $53 and a 100% sale (819m) at $60. Possible short below 49.93. Target 39.13. Stop signal 53.73. Could consider $50 August or November puts.
Comments
Cfiddy96
Did you get in at 39.13?
Kirk_Spano
@Cfiddy96, I got in under $12 and have been selling covered calls since May. I'm now looking to sell most of my position. Too much accounting smoke and a non-transparent CEO, on top of insider selling.
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