$RNFT is planning to find a new baseline for the future jump

Updated
RNFT is highly overbought and we must give time to let it to build up an energy a bit.

My prediction is that it can find a bottom somewhere near 195.

Does not constitute a recommendation.
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Note
30% of the path to the goal complete. Good dynamics.
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Note
2 possible conclusions.
1. 2/3 of the line stayed backward.
2. bottom touched and time to move came.

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Trade closed: target reached
Bottom achieved, road to the long position opened.
Closing current idea.

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Note
Closing this idea. Goal reached. Will open the new one for the short or for long once it will be more clear where it is going to move.

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Trade closed: target reached
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