BULLS ARE ON THE STAMPEDE IN RUN ACTION IS EXTREMELY BULLISH IN SUNRUN
INDICATORS SIGNAL BULLISH CONTINUATION
OPTIONS ACTIVITY IS HIGHLY UNUSUAL
INSIDER BUYING BULLISH.
BREAKOUT CONFIRMED BY VOLUME.
AVERAGE ANALYSTS PRICE TARGET $20.62
AVERAGE ANALYSTS RECOMMENDATION BUY
P/E RATIO
SHORT INTEREST 13.64%
INSIDER TRADE
Tiger Global Long Opportunities Master Fund, 10% owner of Sunrun Inc. (NASDAQ:RUN), bought 833,677 shares for an average price of $18.60 per share on June 25.
COMPANY PROFILE
SunRun, Inc. engages in the design, development, installation, sale, ownership and maintenance of residential solar energy systems. It sells solar service offerings and install solar energy systems for homeowners through its direct-to-consumer channel. It also offers plans such as monthly lease, full amount lease, purchase system, and monthly loan. The company was founded by Edward H. Fenster, Robert N. Kreamer and Lynn M. Jurich in January 2007 and is headquartered in San Francisco, CA.
RUN trade ideas
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.
play for a happy life I am not telling you how to trade RUN today, its Q2 profit beats the forecasting. I wish if you have position at the place which i did on the very bottom, the stock price has already up 2.31 USD more.
Trading is game which you play with yourself, your trade your believe but not the money of profit you think. It is risk, but that is the fun of this game.
I am not show up something, i wish everybody who read my analysis and do trade can make some serious money.
SUN RUN is boomAs i said before, SUNRUN was a potential company, i started my position on 5.44 and ended at 6.20 today, but price even touched 6.38. If you have this position and have made some profit, i would say close it right now to protect you profit ;the price is far from my MA 30. So my strategy is waiting for price correction, and target 7.89.