ENPH other of my pics
I always liked Enphase Energy. In fact, one of my first winning investments was with this company.
What do I like about ENPH? It has long legs? What???
Yes, if you look at the chart, the impulses are loooong, and that can generate interesting returns for us and we hunt the momentum from the bottom up.
This time I decided to invest in 5 shares of ENPH at $213.7 to take profits in the $330 area. That would be a return of +30%.
ENPH is a profitable energy company, with good fundamentals that, as energy is cyclical, so are its impulses.
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