My View on SunrunRun is trading at $47.73, and huge volume coming.
My short term is,
- Option 1:
I enter the trade at the current price at $47.73 - $48.50, take profit at $56.20. If the price action is very bullish, I will "delete" the take profit and increase stop loss to $50.80. Then. take profit at the target 2.
- Option 2:
I might wait for the price pullback, and test the strong support zone at $46.70, i might enter around $47 to $47.50, and take profit at the target 2.
Comment your ideas please...
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This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me know what you think
Cheers, I would share all my thought next time.
PEACE.
3S9 trade ideas
$RUN - Potential diving board breakout. Target $63Potential diving board breakout.
Target - $63
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
RUN - Bearish continuation in downtrendRUN is in a down trend from ATH. The current set up is a descending triangle that looks to be coiling lower. Resistance has been confirmed three times and a retest of the upper limit is likely. However, it seems more plausible to see a bearish break of the horizontal resistance as the descending triangle is a bearish continuation pattern in the majority of cases. As well, there is hidden bearish divergence on the daily chart.
Fundamentally: earnings could prove to be a catalyst on the heals of the Biden Green Initiatives. However, in reading customer reviews the companies ratings leave much to be desired.
From a technical and fundamental standpoint I am short RUN.
buy sunburnjust tested $50 psychology level (price) and strong major area. Also every time it hit that area in the past it buys and it broke out of the daily channel of the downtrend it broke out of daily downtrend & 4 hr downtrend once it broke out it retested the area of the breakout and is going back up also you have the moving average cross over with the blue over red on daily timeframe. also they just partnered with Vivnt ( I used to work for them) amazing company for solar and is evironmental friendly
RUN 🌦Good afternoon astronauts. I'm expecting a blast off as we get closer to earnings a fractal seems to be forming on the 5 min chart. According to Trading View the Beta of RUN in the last year is estimated at over 2. This means that when the market moves by 10% this stock is expected to move by 20%. I'm very bullish on the market SPX500, US30 and NAS100. Here's to new highs.