Enphase Energy...New Highs, New Highs
Yesterday the market was a little mixed, with the S&P and Nasdaq closing up, +.12% and +.54% respectively. But the Dow closing down, -.08%. Throughout all this mixed noise, one thing was clear. The bulls are certainly in control with regards to ENPH.
Enphase Energy closed up at $20.42 after hitting a NEW HIGH of $20.72. The stock is up almost 4% from Friday's close of $19.64. The telling sign is the stock is closing up on above average volume, which tells me that new money is flowing into this company. ENPH earnings is due to come out the 30th of this month. Expectations are that the company will outperform it's earlier growth projections.
This solar energy stock is smoking. Up almost 300% year to date!!! Go check out Enphase Energy for yourself.
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