TrickyRicky78
Long

$RUN seems to be ready for another leg up

NASDAQ:RUN   SUNRUN INC
Impressive relative strength today on $RUN.
Broke out of consolidation on strong volume . Short interest of 18% might help to squeeze a little.
Comment: Decent move up. Stop moved in direktion of the trade, 1R profit locked. EMA10 is trailing stop (daily close)
Great Pick! I want to add that when there is a strong move to point A then another strong to move C (https://www.tradingview.com/x/cZIego2H/), it's usually a powerful setup. It's a simple ABC setup but very effective with high volume and big breakouts. The C breakout is highly likely to work out when there is a strong move to A first.
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@rnserrao Thanks for sharing your thoughts on this one, Ron. Interesting information indeed. I'll probably share more of these breakout setups in the future (breakout after consolidation, convincing volume, ideally relatively high short interest)
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