By Licia Leslie
January 26, 2025
Hi Shoppers,
Sunrun (Ticker: RUN) has a bearish engulfing candles right on the median line with confirmation on Friday:
I believe it will rally from here back to those previous highs at $11.90.
Shopping for options, I like the Feb21 expiration:
The 10.50 calls will double up at that level.
For your stop loss use 30% off your option price.
Trade Review
Portillos (Ticker: PTLO) had a nice move higher on Friday. My target is still $13.90.
Walmart (Ticker: WMT) is also rallying, trading $1.25 away from my $96 price target.
Thank You For Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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