I am shorting RUN on 1D TF. Price broke DC20 downwards on daily TF. MA50 is crossing MA200 on daily downwards. Weekly closed below MA50 and may be ready to revisit weekly MA200. Daily RSI is bearish - below 40. MACD is bearish on daily. ATR is about to grow. SL if daily price closes above DC20, MA50 and MA200 and to be monitored based on price progress.
Any comments are more then welcomed! Thank you and please trade carefully and with money you can afford to lose.
@mralexsell, thanks! Let's see how this plays out. Cheers!
michael_holder
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whats your target?
drgorogbalazs
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@michael_holder, thank you for the comment. The price may revisit weekly MA200 and this is my target (slightly above). Currently weekly MA200 is $9.55 however this is moving and the trade is monitored accordingly. I hope this answers! Cheers!