SunRun Stock Plunged 40% Tuesday—Watch These Key Price Levels
Key Takeaways
- SunRun shares plummeted Tuesday, leading a steep sell-off in solar energy stocks after the Senate maintained the full removal of clean-energy tax credits in the budget bill.
- A chart pattern that closely resembles a falling three methods has recently emerged, signaling a continuation of the stock’s long-term move lower.
- Investors should watch key support levels on SunRun’s chart around $4.75 and $4.33, while also monitoring important overhead areas near $8.50 and $13.25.
SunRun (RUN) shares plunged Tuesday, leading a steep sell-off in solar energy stocks after the Senate maintained the full removal of clean-energy tax credits in its version of the budget bill.
The move comes after SunRun and other bellwether solar…
