SUNRUN is about to have a RUN Volume is good, MACD looking bullish, ADL climbing and it looks like a trend reversal is close by.
BEWARE: I'm not close to being an expert at this stuff. So go and take a look yourself and make up your own mind!
RUN trade ideas
$RUN - Bounce and Gap Fill?This one has some potential. Bounce off the 50MA and has a gap to fill above to about $75. Not in it. Just sharing.
💡$SUN ☀️ catching the next run on Sunrun?💰+46%🏌️♂️📖Sunrun is the largest installer and owner of rooftop solar systems in the U.S. It installs and owns about 20% of all the solar systems currently on U.S. homes. Sunrun has a first-mover position in what is called virtual power plants, or VPPs. A VPP is an agreement to supply energy to a traditional utility at times of peak demand -- or what's called "grid services." Sunrun can sell the energy already stored (and normally sitting unused in its customers' home batteries) to the local utility when requested. Management said that the company deployed 171.6 megawatts during the fourth quarter, up 10% from a year ago - this failed to impress investors though, causing the recent stock plunge. Net earning assets, a measure of the present value of projects, were $2.9 billion. With the Biden administration’s focus on clean energy, solar stocks like Sunrun are likely to have tailwinds for time to come however are extremely volatile given its recent interest by retail traders.
📈 Sunrun stock is down 30% from its all time highs. Price has been trading in a bullish price channel since July. Price could find support at or near $66 as it touches the lower trend line of the price channel. On lower time frames, price is still bearish. Should price break out of this bearish structure, it could continue higher. A move towards the top of the price channel could see 46% upside.
🔎This is not financial advice. Always do your own research and due diligence. Always wait for directional confirmation before entering a trade.
RUN ReversalClosed above .236 fib today. Should be on course to ATH.
February 80C from $72-73.
March 95/100C after breaking and retesting .618 fib
April 110C after .786 fib break.
PT: $85 -> $100 -> 120
This is one of the best setups in the market right nowThis chart has multiple bullish factors lining up for a strong new swing.
1) The consolidation formation has a bullish structure.
2) It broke out to all time highs on high volume and has pulled back forming a flag structure to support.
3) It has green to red/ red to green tendencies which makes 1/21's reversal candle a good sign of green candles ahead.
4) The 20ma was clearly important in the last major run and it appears to be holding at the moment.
5) They are a solar company which is still a very bullish sector.
RUN just hit an area to become a good buy RUN is the first stock I did well with using TA. It's pretty simple, It's been following a trend. It broke out due to the California blackout and then a cash influx, but it's back in it's zone right now and it's in the midst of a hard correction. Negative momentum is gonna drive it down a bit, but owning RUN at $70 at the moment is a great proposition. For a flip. Look for a near term PT of $82 and a 1mo PT of $88-90. That's contingent on us getting no news that can break the trend. I am holding shares at this price
SUNRUN $RUN Pullback opening a beautiful buy-window: 80/s?$RUN has had a tough go in the market today; it's nearly down 6 percent.
This should open a nice buy-window for an eventual, pretty-long play on $RUN.
That said, currently, we're looking at a very red situation for those who entered late last week. Patience, there, must be exercised.
The highlighted red ellipse shows a perfect entry on SUNRUN. Those stuck w/ an average cost of 88+ // HOLD. This is a pullback that we could have expected, and there is no reason to exit w/ the trough showing a likely low-point of 80/s. This might be frustrating, but patience and deep breaths can save money here.
That's this trader's thoughts, anyway.
Do ya homework, employ ya minds,
AND GL n SH*T.
--BDR
RUN C&H - Long**Disclaimer** I'm a newbie so don't take this as financial advice. It's just what I see.
Sunrun (RUN) has been trading inside a channel since March. It just completed a cup and handle near the bottom of the channel. Handle bounced off the support line at $81 so I think this will start trending back up. Looking at the 2 hour chart, I think this could easily surpass $110 in the coming months.
RUN:NASDAQ - SUNRUN INC - Recovering after pullback.Sunrun looks interesting again. They have done well competing in the residential solar energy systems space and after a longer pullback looks like they might be recovering again. RSI back up through 50. Could be worth a look.
RUN Will Pop When U.S. Rejoins Paris Climate Accord End of JanSUNRUN has been running up ever since political projections had Dems taking the house. This clean energy stock is set to benefit huge during this next presidency term. It's rumored that the U.S. is set to rejoin the Paris Climate Accord on Biden's 1st day of work. If that catalyst isn't enough. RUN had a recent buy upgrade, projected EPS next year of 300%+, past 5 year sales of 34%, and a short float of 15%. This thing is going to be a steady runner in 2021.
$RUN$RUN formed a bearish trend in my opinion. It could go up a little and touch $94 but the down-trend is more possible. So if it could hold $83 level, the next target could be $74 and then $67.
Breakout confirmedBroke out of symmetrical triangle and re-tested breakout level. Measure move pt of 100+
Stalking RUN to potentially go long.Weekly ATR: 10.43
Weekly is cooking up and monthly have more room to go, it stood the test of today's downward market move. Try to get fill around 68.50.
Possible swing trade opportunityWe had a huge run-up prior to the elections. Afterward, a small correction came.
Now it is time to make new highs.
The chart looks bullish at the moment, but could be ruined easily is we make a lower low (below: 63.63)
Do your DD and use stop loss!
