Alright. Bringing TV another idea that i took about a week ago; for a very serious swing.
Fundamentals-
ENPH
has been the leader in Solar development for a long time. Sunrun Jinko, SEDG, CSIQ, etc are not comparing to how this company is performing.
Now, they are shipping their most advanced products to Europe to begin the international market takeover.
ENPH
had a monster rally in Q3-Q4 of 2022 while equities were tumbling consistently, I watched Enphase run the peak of its bull market around 320.00. While Tech and the overall market were crumbling daily.
I did an extensive research project on this company in 2020. And my logistics company actually delivers their product to homes here in South Florida. So I've actually got to see this product first hand. As well as many others.
Technicals-
We just ended the bear cycle that lasted about 20 weeks. About 5 months.
With oil prices due to rise (Opec) Oil Production cuts. This is an exact confluence to heightened attention about renewable resources, putting
ENPH
back into the spotlight once again.
_Bear Market Ending_Technical break higher today. Ending Bear Wave.
Positioning.
I am running the 310 Aug 18th Call. for 7.00
Cheers, see you guys at 300. IT won't be smooth, but the last run took about 90 days to complete. Be sure you get enough time on your swing.
A good entry is around 200.00 flat if we pull back again.
Cheers.
Fundamentals-
ENPH
has been the leader in Solar development for a long time. Sunrun Jinko, SEDG, CSIQ, etc are not comparing to how this company is performing. Now, they are shipping their most advanced products to Europe to begin the international market takeover.
ENPH
had a monster rally in Q3-Q4 of 2022 while equities were tumbling consistently, I watched Enphase run the peak of its bull market around 320.00. While Tech and the overall market were crumbling daily. I did an extensive research project on this company in 2020. And my logistics company actually delivers their product to homes here in South Florida. So I've actually got to see this product first hand. As well as many others.
Technicals-
We just ended the bear cycle that lasted about 20 weeks. About 5 months.
With oil prices due to rise (Opec) Oil Production cuts. This is an exact confluence to heightened attention about renewable resources, putting
ENPH
back into the spotlight once again. _Bear Market Ending_Technical break higher today. Ending Bear Wave.
Positioning.
I am running the 310 Aug 18th Call. for 7.00
Cheers, see you guys at 300. IT won't be smooth, but the last run took about 90 days to complete. Be sure you get enough time on your swing.
A good entry is around 200.00 flat if we pull back again.
Cheers.