SUNRUN INC - NASDAQ: $RUN Ready To Run Again?After going topside nearly two weeks ago on solid volume, shares of SUNRUN INC - NASDAQ:RUN find themselves consolidating the recent thrust on lower volume and in a fine manner as we can observe from the Daily chart above.
In addition, the stock presently finds itself perched above all of its important moving averages 20/50/200 DMA's and in fine technical shape.
Furthermore, when we extend out to both the Weekly and Monthly time-frames, we can also see that RUN displays excellent technical characteristics. Thus, we have a stock that remains in favorable shape across multiple time-frames, which is certainly a healthy picture from a technical viewpoint.
Moving forward, both investors/traders may want to continue to monitor the action closely for if and when RUN should be capable of taking-out the $19.30 level, such development would likely trigger its next meaningful run/advance into all-time highs and Blue Sky's.
