RUN looks like it's finally breaking out to the upside here. Drawn with the furthermost trend lines (purple lines) on the wicks, this should be in a safe spot to expect a pullback for entry in the 75.50 - 76.50 zone before another leg up. There are two areas that are considered the golden retracement zones (50% and 62%) for any possible rejections. These...
Sunrun Inc. caught my attention after being listed as a possible top stock choice for 2020. Solar energy still has some ways to go in terms of cost, efficiency and maintenance IMO. This company however, is growing so fast it can't support the expansion of new employees being trained to meet the market demand. Seems like this trade could work out long term (I'm...
Traced fibonacci from high/low of last year 2018 to draw important support and resistance price levels. Play is in the next 10-20d, ascending triangle with the bold trend line as support. Break under would reverse this play and test 7.20.
Continuing from previous post... It is safe to assume the area of 49-50 has strong support due to multiple down days bouncing back off those price levels. We finally broke through resistance at 53-54 levels but risk a gap-fill. Any dips below 53 should be momentary and needs to close above to continue upwards. Using fib-extensions from Mar 6 and Mar 28, I've...
Retraced from highs and lows within the last 12 months and found the current price to be within an important zone... Above 50 is always a good sign and will eventually push if it holds. Line below price is it's support level. Under would reverse this.