benjihyam

$SUN looks ugly. Move to $9.22 incoming?

Short
NASDAQ:RUN   Sunrun Inc.
Sunrun looks to be retesting/rejecting resistance here which would setup a large move lower.

I think we're about to see a move lower down to $9.22. Invalidation of this move would be a break and hold above resistance line and then channel. Even if there's a short term move higher above resistance, price would need to break above the channel to turn bullish.

I'd be careful if long.


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