Render (RNDR) - Bull flag breakout

On the above 3-day chart price action has corrected 50%. A decent long opportunity now presents itself.

1) RSI and price action resistance breakouts.

2) A bull-flag breakout + confirmation.

3) Price action confirms past resistance as support.

Is it possible price action falls further? sure.
Is it probable? no.

Ww

Type: trade
Risk: <= 6%
Timeframe: Act now
Return: Will say elsewhere

Trade attivo

Commento:

Flag breakout confirmed

Commento:

almost 100%...

Commento:

100% now ;-) choo choo

Commento:

230%

Trade chiuso: obiettivo raggiunto:

10x from signal, Smoking.