$RNDR TRADESETUP

Price is in an Uptrend. It broke out of a Channel Down pattern, which signaled resumption of uptrend. Upside potential to $13.80. Stop Loss (SL) level at $9.20.

Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).

Nearest Support Zone is $8.00, then $6.00. The nearest Resistance Zone is $10.00, then $13.80.

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