RNDR correcting to sma and fib becomes support

272
RNDR had an explosive move this weekend so far and barely played out that hourly head and shoulders. You would have had to march the stop to make profit on that one. The .382 fib is likely to become support here, or we see a fall through back well below 3$. The B bands print a picture of overheated price action as it rides the top of the bands. Volume is very high on average, and the AI/gaming hype will carry render along. The green demand box is a likely fallout zone if this breaks down, I am bullish though.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.