Shares of Sunrun ( RUN) have been rallying sharply in recent weeks after building a base pattern since January. Prices gapped higher in late July and have remained strong. Let's check further.
In this daily bar chart of RUN, below, we can see how prices have rallied above the 50-day moving average line and above the bottoming 200-day moving average line. The On-Balance-Volume (OBV) line chopped sideways from late April but surged sharply higher in late July. The Moving Average Convergence Divergence (MACD) oscillator has crossed above the zero line for an outright buy signal. 
In this weekly Japanese candlestick chart of RUN, below, we can see seven months of bottoming around the $25 area. Prices have rallied above the declining 40-week moving average line. The weekly OBV line shows a long-term uptrend. The MACD oscillator has been improving since February but still remains below the zero line.
In this daily Point and Figure chart of RUN, below, we can see a potential price target in the $54 area.
In this weekly Point and Figure chart of RUN, below, we can see a price target in the $58 area.
Bottom line strategy: Shares of RUN could pull back in the short-run, but the longer-term picture is for further gains into the $54-$58 area. Stay nimble.
