ChuaChangYi

Short ENPH - Overdone rally from earning catalyst

Short
NASDAQ:ENPH   Enphase Energy, Inc.
Overall market rally seems way overdone and overhyped, although congress continue to press for stimulus bills on energy sector; still upside risk to reward does not warrant a long position at this point in time.

Rather, market's current rally are living on pro-longed extension from recovering CPI data to positive earning outlook to stock split. These catalyst seems to have very much been priced.
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