A bullish breakout in the price action of RUN
In this financial report, we will delve into the price action of NASDAQ:RUN and its susceptibility to recent news developments. Sunrun Inc. (RUN) has encountered a series of consequential lower lows and lower highs, primarily in response to noteworthy news events that have reverberated throughout the broader market landscape.
Firstly, a positive sentiment is prevailing in U.S. stock futures, driven by significant factors that have implications for Sunrun. Notably, a significant reduction in Eurozone price pressures has recently been observed, with Eurozone Sep CPI slowing to a +4.3% year-over-year increase. This marks the most sluggish growth rate in nearly two years and has catalyzed a bond rally, adding a positive undercurrent to stock markets.
Examining the technical analysis chart, I've observed a bearish trendline that has encountered rejection on three occasions, reinforcing my confidence in its validity as a trendline. In my professional assessment, there's potential for a substantial upward movement in the price of RUN if a breakout materializes. Nevertheless, it's crucial to consider the possibility of a liquidity grab that may trigger our stop-loss orders shortly after opening positions. However, I lean towards viewing this as a credible bullish breakout opportunity due to the substantial buying pressure evident in the vicinity, signifying a strong inclination for a bullish market sentiment.
Moreover, the decline in bond yields, prompted by dovish inflation news, has further shaped the landscape. The Aug PCE core deflator, the Federal Reserve's preferred inflation gauge, recorded a modest +3.9% year-over-year increase – the slowest rate of ascent in two years. This convergence of subdued European inflation and favorable U.S. inflation dynamics has bolstered overall market sentiment.
However, we must also consider a potential headwind for Sunrun. A looming U.S. government shutdown is a cause for concern, driven by the inability of House Republicans to reach a consensus on federal funding. These divisions within the Republican Party revolve around substantial spending cuts and immigration policy reforms. As a result, the prospect of a government shutdown on October 1 looms large, with potential ramifications for market sentiment, including Sunrun's stock performance.
On another note, the recent decline on Wall Street has also impacted Sunrun. This market downturn is driven by mounting concerns about the Federal Reserve's ongoing commitment to a restrictive monetary policy. A notable surge in 10-year U.S. Treasury yields has cast a shadow over major U.S. stock indexes, causing them to trend lower. Particularly, mega-cap stocks such as Amazon and Nvidia have faced significant downward pressure.
This market decline was instigated by the Federal Reserve's decision to maintain the Fed funds target rate, coupled with projections indicating the persistence of elevated interest rates well into the upcoming year. Furthermore, an unexpected 9% drop in initial U.S. jobless claims has fueled apprehensions that the Federal Reserve may opt for another rate hike in the near future.
What traders are saying
Reaction of Sunrun's against institutional traders
Executive Summary:
In Tuseday's market session, we observed a 5% increase in the price action of NASDAQ:RUN , which, as expected, triggered a minor retracement due to typical market dynamics. However, our focus today is on a highly significant order block zone, spanning from $14.13 to $14.90. After nearly a year of dedicated study into the behaviors of major institutional players in the market, we've uncovered a crucial aspect of their approach.
Understanding Institutional Strategies:
Institutional investors, in their quest to enter positions, follow a dual-pronged strategy. First, they aim to create adequate liquidity in the market to facilitate their trades. Second, they seek to initiate positions at the lowest possible prices, effectively maximizing their profit margins. It's important to note that their entry points often differ from those favored by retail traders, and herein lies the intriguing element of market dynamics.
Manipulating Retail Sentiment:
Institutional investors sometimes choose to exert selling pressure when the market approaches what appears to be a demand zone, a strategy designed to trigger stop losses placed by retail traders. This calculated move creates a cascade effect, further driving prices downward. As retail traders' stop losses are hit, the market sentiment shifts. What once seemed like a strong demand zone now appears fragile, causing retail participants to rethink their positions.
Conclusion and outlook
As we anticipate a continued retracement in the price action towards the demand zone, it becomes essential to employ a meticulous approach to risk management. Our objective is not only to align with institutional entry points but also to safeguard our positions against potential market volatility.
The Importance of Stop Loss Calculation:
In this endeavor, precise calculation of our stop loss assumes paramount significance. By leveraging historical market volatility data and average candle size, as represented by the Average True Range (ATR), we aim to strike an optimal balance between risk and reward.
Maximizing Position Security:
The crux of this methodology lies in maximizing the probability of maintaining open positions while positioning ourselves to capitalize on the forthcoming momentum instigated by institutional players.
Defining the Stop Loss:
For an entry price of $14.015, which closely aligns with the average demand zone valuation, we have determined that setting the stop loss at $13.77 provides an effective risk management strategy. This strategic adjustment substantially reduces the likelihood of liquidation in the face of adverse price movements.
Conclusion:
Incorporating these refined risk management techniques into our trading approach empowers us to align with institutional strategies while mitigating potential downside risks. As we move forward, we are well-equipped to not only participate in the anticipated upward momentum initiated by institutional entries but also to secure our positions, ensuring our trading endeavors remain both profitable and resilient.
The downfall of Sunrun : What next !
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 the Jackson Hole Symposium. The Federal Reserve Chair, Jerome Powell, talked about raising interest rates, which is different from what other officials said. For example, Patrick Harker from the Philadelphia Fed thought we should keep interest rates as they are. Austan Goolsbee, the Chicago Fed President, was also cautious. He mentioned challenges like high inflation, problems in the supply chain, and the possibility of a big strike in the auto industry. Despite these challenges, he remained hopeful that we can control inflation without causing a recession. He also stressed the importance of using data to make decisions, especially the real interest rate. The stock market liked what he said, and the SPDR S&P 500 ETF Trust went up by 0.8%.
Now, let's look ahead. I believe things might change for $NASDAQ:RUN. This belief comes from seeing other companies in the alternative power generation sector, like NYSE:NEP , NYSE:NOVA , and NASDAQ:RNW , starting to do better based on their recent performance. We've also heard that inflation might not keep going up, which is good news for RUN. In this situation, my plan is to keep a close eye on the market and stay updated on the latest news. I'll make sure to update this report with any new information.
RUN has HUGE options activity, mostly short term callsSaw 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.
#solarenergy
Hold Your Sunrun Stock
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 held positions in Sunrun for an extended period, such as myself, it's evident that this isn't the first time we've witnessed a price decline of this magnitude. Sunrun is renowned for its status as a high-speculative stock, frequently subject to significant market fluctuations as large institutions reposition their capital. It's 210 M circulating shares floats is a perfect reason of this massive % change in the price. These pronounced market movements are often welcomed by short-term and long-term investors alike. NASDAQ:RUN
However, it is noteworthy that the recent selling activity has been quite pronounced. Therefore, this report strongly recommends to those who are perusing its contents to resist the urge to sell their shares at this juncture. Sunrun has demonstrated consistent growth in the last two quarters, signaling the potential arrival of new buyers in the near future.
It's crucial to bear in mind the timeless adage that when the crowd is selling, it's an opportune moment to buy, and conversely, when the crowd is buying, it's prudent to consider selling. This sage approach remains a valuable cornerstone in navigating the intricate terrain of the financial markets.
Potential upward movement on price of RUN
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, boosting the probability and bolstering my confidence in this assessment. Stay tuned for more updates!
Run - Inverse Head and Shoulders Setup Analysis on Run
Showing strong inverse head and shoulders pattern on the 30min chart. Recently pulled back to support and is ready to make its next move up.
Current Position - 25$ - 9/15 calls - 0.16 (when purchased)
Target Price is $21.39
Option PT - $0.60
Potential Gain - 275%
RUN Sunrun Options Ahead of EarningsAnalyzing 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 them.
Looking forward to read your opinion about it.
Excellent buying opportunity for RUN
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 perfectly, suggesting that the range between $18.32 and $17.69 represents an optimal entry zone, in my expert opinion.
Significantly, the Fibonacci level we are considering (specifically the 78.6% level) coincides with a prior resistance area and also aligns with a 90-day SMA, significantly reinforcing the robustness of this level as a potential support region. As a result, trades executed from this carefully identified zone hold high potential for success, making it a compelling opportunity for prudent investors seeking optimal entry points.
Disclaimer: It is essential to recognize that the "ideas" presented in this report solely reflect my personal opinion and understanding of the market. These insights should not be interpreted as financial advice, and individuals are urged to conduct thorough research and seek professional guidance before making any investment decisions. Furthermore, please be aware that this report is intended for short-term analysis purposes only and may not be applicable for long-term investment strategies.
Undervalued Opportunity for Sunrun
As we have all been impacted of the recent stock market decrease, I've been closely monitoring the price behavior of RUN, which has exhibited an intriguing pattern. The stock experienced a halt in its decline after reaching the 78.6% Fibonacci retracement level. This suggests a strong pullback may have occurred at that point. Taking a comprehensive approach by considering general analysis, I believe that RUN currently offers an attractive opportunity. In my personal opinion, the stock appears undervalued when compared to its 52-week price range.
Furthermore, it's worth noting that the P/E ratio for RUN is relatively high, indicating that investors are willing to pay a significant premium for each unit of earnings generated by the company. This signifies positive market sentiment and a potential expectation of high growth for Sunrun.
Looking ahead, it's anticipated that Sunrun will announce its financial statements for the second quarter of 2023 in August. This upcoming release adds another element of interest for investors considering an entry at this point.
Note: This analysis represents my personal opinion and understanding and should not be considered as financial advice. It's always advisable to consult with a professional financial advisor or conduct independent research before making investment decisions.
SunRun to $30+
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 to the same love from the bulls.
This is a high conviction trade for me
Target HKEX:30 +
Has FUD ended?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 gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
SHORT RUN? maybe when it was $60RUN has been range bound since Feb 2022, and trading down into long terms support levels where is is repeatedly bought.
The professional entry here was opening a short position at $60 once the double top rejection was confirmed. Chasing this down and entering at the 1 year support level seems dangerous, and somewhat cavalier. I am not advocating a long position here either.
The best decision here is to wait for a break below support, with 2 daily candle close confirmation, or wait for a clear reversal pattern, to enter long. My personal opinion is to find a better ticker with a better setup. no reason to risk capital on this lack of set up.






















