Morning Trend | Sunrun consolidates with reduced volume, is a main upward wave about to come?
Sunrun (RUN.US) has seen an increase in intraday volatility after a period of continuous volume contraction, with voices in the community shouting, "The main upward wave signal is coming." The new energy distributed photovoltaic market is becoming active again, and RUN, as the leader, has limited adjustment in a short time. The weak rebound in the past two days, combined with low volume, indicates that the main force intends to stabilize its positions. If today sees a surge in volume and the main force increases its holdings, the opportunity for a short-term acceleration is likely to emerge. If it continues to trade sideways with low volume without breaking support, the sentiment will mainly focus on repeatedly testing the bottom. The community's discussion centers on whether there will be key "active increments" during the day and whether the intraday resistance levels will be effectively challenged. Technically, the short-term moving averages are in a bullish arrangement, but there are obvious signs of high selling from some holding funds. It is recommended to follow the mainline funds' pace and closely monitor the determination of large orders during the day. If key support holds, go long in line with the trend, and moderately increase positions if resistance is broken during the day. If the volume is insufficient, be ready to take profits and defend
Sunrun (RUN.US) has seen an increase in intraday volatility after a period of continuous volume contraction, with voices in the community shouting that "the main upward wave signal is coming." The new energy distributed photovoltaic market is becoming active again, and RUN, as the leader, has limited adjustment in a short period.
In the past two days, a weak rebound combined with low volume indicates that the main force intends to stabilize its positions. If today sees a significant increase in volume and the main force adds positions, the opportunity for a short-term acceleration is likely to emerge. If it continues to trade sideways with low volume without breaking support, the sentiment will mainly focus on repeatedly testing the bottom. The community's discussion centers on whether there will be a key "active increase" during the day and whether the intraday resistance levels will be effectively challenged.
From a technical perspective, the short-term moving averages are in a bullish arrangement, but there are obvious signs of high selling from some holding funds. It is recommended to follow the pace of the main funds and closely monitor the determination of large orders during the day. If key support holds, go long in line with the trend, and moderately increase positions if resistance is broken during the day. If the volume is insufficient, be ready to take profits and defend
