ENPH 01/20 300P
Updated
Bought put when stock pops up to 330 level. solar sector benefits when oil expensive, but oil is droping, and help CPI move down to 7.1%.
If FOMC statement is ture, oil will drop hardly in 2023 to help 2% CPI goal.
ENPH monthly chart is developing a possible doji star at the upper level trendline. So I short it
Risk: the powell speak can change the short term trend.
If FOMC statement is ture, oil will drop hardly in 2023 to help 2% CPI goal.
ENPH monthly chart is developing a possible doji star at the upper level trendline. So I short it
Risk: the powell speak can change the short term trend.
Note
let the winner ride, still have half position, risk free now. target 290Note
next target 283
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