BFD on RUNE.
Partial buy here, more on confirmation of reversal.
Reversal indications will occur on a MACD bullish cross (blue line over red line) and Parabolic Sar dot switch to below the price candle.
Price could drop lower to the support line around $10.59 but since price is already very extended from the 24 ema I don't see it dropping much further. Especially if the overall market turns around which I think is also likely soon enough.
Watch for an uptrend to resistance at the pivot line around $13.33
Set stops below support if you enter near it's current level.
Partial buy here, more on confirmation of reversal.
Reversal indications will occur on a MACD bullish cross (blue line over red line) and Parabolic Sar dot switch to below the price candle.
Price could drop lower to the support line around $10.59 but since price is already very extended from the 24 ema I don't see it dropping much further. Especially if the overall market turns around which I think is also likely soon enough.
Watch for an uptrend to resistance at the pivot line around $13.33
Set stops below support if you enter near it's current level.