Ladies and gentlemen, in today's financial analysis, we focus on Sunrun, examining recent price movements and conducting a comprhensive outlook.
First, we notice something significant: the stock has dropped by 16% from its previous trading zone. This is noteworthy, especially if the stock shows signs of going up again.
Now, let's discuss what happened at...
Saw a notification yesterday on decent #option call buying & decided to look into NASDAQ:RUN , again, it's been a while.
Options are going off like crazy!!! Today too!
IMO risk reward is very good here. Long term support & the intraday charts look like they want to bottom.
In light of the recent sub-sequential decline in Sunrun's price action, I am compelled to present this report to provide clarity on the matter. The price movements have exhibited a significant trend of exponential lower highs and lower lows, nearly approaching levels seen over the past 52 weeks.
Allow me to share my insights. For those wise investors who have...
Having thoroughly analyzed the 1D price action of RUN, I've identified a potential support zone based on Fibonacci levels. As the market opens, we'll be closely observing whether this projection holds true. I'll be consistently updating the status of this potential support. Remember, the strength of this analysis is further accentuated by the higher time frame,...
Analyzing the options chain and the chart patterns of RUN Sunrun prior to the earnings report this week,
I would consider purchasing the 17.50usd strike price In the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $2.51.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Following a notably strong bearish pressure in the price action of RUN this week, an attractive entry point for investors has emerged in the current market scenario. The confluence of favorable indicators, such as the MACD and RSI, further bolsters the case for entering at this price level. Moreover, our strategic implementation of the Fibonacci tool aligns...
RUN has previously confirmed his overall bullish market structure by creating sub sequential Higher high and Higher low, we might expect a reversal or a strong trend continuation after price has passed between 21.48 and 20.60 $.
The TA is simple.
RUN has fallen below it's trend line and I believe this is unjustified in light of the companies fundamentals.
Solar and energy are hot markets as public pressure weighs on fossil fuel companies.
SunRun has solid earnings through a very bearish 2022,
and despite being not far off from First Solar in revenue, RUN hasn't received anywhere close...
Sunrun has been sold heavily after the news about SVB. I think FUD affected SUNRUN heavily. The chart is showing that we are at the support. Summer is near as well. We may see a recovery from here. Targets would be 24 and 28. Then breaking the wedge would be hudge!
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both...
Sometimes you get a trade idea that gives you both fundamentals and technicals coming together. I think this is one of those.
RUN Technical Thesis:
With the primary thesis on this trade being the fundamental story, it's nice to have some technical confluence here.
✅ Bare minimum I see this coming to a 61.8% fib retracement giving you PT 1.
✅ Head and...
Sunrun is a provider of photovoltaic systems and battery energy storage products, primarily for residential customers as per the official description about the company.
Solar business is a growing area and the company's financials are also improving in line with this growth trend.
The current market cap is around 5-6 billion USD and I think there will be more...
Sunrun looks to be retesting/rejecting resistance here which would setup a large move lower.
I think we're about to see a move lower down to $9.22. Invalidation of this move would be a break and hold above resistance line and then channel. Even if there's a short term move higher above resistance, price would need to break above the channel to turn bullish.
Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Its primary...
Sunrun - Intraday - We look to Sell at 29.04 (stop at 30.03)
Previous support level of 30.00 broken. We look for losses to be extended today. Closed below the 20-day EMA. The primary trend remains bearish. We look to set shorts in the early trade.
Our profit targets will be 26.22 and 23.50
Resistance: 30.00 / 32.00 / 35.00
Support: 25.00 / 23.00 /...
I've been waiting on this for the past 2 weeks now.
SunRun received a target of $95 a couple months back and has been accumulating nicely under the TL going into this fall.
With government incentives being pushed for solar this along with FSLR, SPWR and a few others are beginning to turn.
First target $60. SL below $40