RISE has been following the bullish movement and will likely to continue doing so in the near future. This is a 4h chart. Buy zone - 9447 SL - 6821 Target 1 - 13966
*** Breakage of the trend-line might be a negative sign for a downward correction.
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*** I just wanted to add an expanded version of the whole picture, including previous resistance and support level.
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RISE is still in accumulation stage and we might expect a break out either way anytime soon.
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In the following hours we need to watch RISE closely. RISE is giving us mixed signals on the 1 day chart all signals are very bearish, while on the 4h chart we may see a trend reversal, MACD and RSI are about to point north. RISE also found a previous support levels from the previous run. Another possibility is what we are seeing now is a falling wedge leading to a trend reversal (see the similar pattern in the previous run before the uptrend)
Trade closed: stop reached
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we bounced off of the resistance, it is likely that the trade will continue in a positive up trend.