I have always been very optimistic about RNDR, the leader in AI computing power. This round of bull market contributed one-third of my profits. Let's analyze it from the fundamental and technical aspects:
(1) Fundamentals
As the leader in AI computing power, RNDR currently has a market value of nearly 4 billion yuan, all unlocked. There are two major positive factors in the future.
The first is the listing of io.net. As a hot AI computing power project, io.net has been sought after by a large number of capitals on Wall Street. Its listing will inevitably attract the attention of RNDR in the same sector.
The second is the Apple Developer Conference, which will be held from June 10th to 14th. RNDR will cooperate with Apple, and there may be positive news at that time.
(2) Technical aspects
In this round of rebound, RNDR has had seven consecutive positive lines and a 45% increase, forming a W bottom. It is facing a short-term correction. If it can be adjusted back to around 9.6 yuan, it can be bought in batches.
As long as the market stabilizes and the adjustment is completed, it is expected to hit another wave.
After the short-term adjustment of AI, there will be further opportunities. I hope everyone will seize it!
