The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Sunrun - Intraday - We look to Sell at 29.04 (stop at 30.03)
Previous support level of 30.00 broken. We look for losses to be extended today. Closed below the 20-day EMA . The primary trend remains bearish . We look to set shorts in the early trade.
Our profit targets will be 26.22 and 23.50
Resistance: 30.00 / 32.00 / 35.00
Support: 25.00 / 23.00 / 20.00