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RUN
Benzinga
92 days

Stock Of The Day: Is The Sunrun Short Squeeze Over?

1. Sunrun's stock fell over 4.5% following a recent short squeeze. 2. The short squeeze led to panic buying, inflating prices temporarily. 3. Support level at $13.35 has turned into resistance. 4. Expect further price declines as the short squeeze unwinds. 5. Large sell orders from previous buyers may exert ongoing downward pressure.

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FAQ

Why Bearish?

The end of the short squeeze typically leads to substantial price declines. Historically, once short sellers panic and sell, stocks often revert to pre-squeeze levels.

How important is it?

The article discusses specific price movements and technical analysis relevant to RUN, indicating a significant bearish outlook.

Why Short Term?

Short-term market movements usually dictate swift price actions post-short squeeze, as demonstrated by RUN's rapid decline.

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