1. The current recommendation is to long on Render (RNDR), as it is expected to have short-term upward potential. However, due to the extremely low trading volume, this is considered a tentative position building. Therefore, it is advisable to be cautious about chasing the price higher to avoid the risk of overextending the price. 2. Position and Risk Management Recommendations: Enter with a limit price of $1.825, with two profit targets: $1.95 and $2.10. Set a stop-loss at $1.75, clearly defining risk management boundaries. No specific position sizing recommendation is given, but the context suggests a small initial position to avoid overnight risk. 3. Suitable for conservative short-term trading, allowing for quick entry and exit, avoiding the risks of holding positions overnight in low-volume markets, and avoiding prolonged positions. Pay close attention to changes in trading volume and price breakouts, and remain flexible in your responses.
RNDR: Summary of the TraderRaiku community discussion (15:00:11 ~ 16:00:11)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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