By Dan Darrow
September 07, 2022
Intraday Update: ENPH
Take the money and run on ENPH. A huge two-day move has made for a big trade on ENPH, and the stock's push above 315 in late afternoon trading has sent the Sep30 $315 - $320 call spread roll up into the money. We are below the 8day ema on QQQ/SPY and that means we are still in a bearish tape, so it's smart to work quicker taking gains on the bull side. The remainder of the ENPH position will be closed into strength and we can watch for a new setup.
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