Hot damn yo, here we go again!  To quote a hip-hop song.

After pulling back and some profit taking at the 6.25 area resistance we now see the price of RUNE making a 2nd attempt at breaking through.

### Come on moon shot!

 https://i.imgur.com/hA1A7EP.png 

Looking at the daily chart we see price pushing the level again after price action briefly lost its bullish tone with a lower high being put in.

Price did look like it may test into the 4s again, and I admittedly took some off at 5.7 thinking I could buy it back a point lower.

Well, looks like that is not the case and I'll just ride what I have left.

At this point we need to see price close above 6.50 and hold above there for a a bit to confirm the breakout and focus on the next upside target around 8.25 or so.

There isn't a done of resistance or price action there, but it the next potential spot profit taking could come in.  After that we have a pretty open path to 12 or so.

We shall see how extended price can get.  On a daily we look good but on the weekly price is already getting rather stretched from the moving averages.

Posted Using [InLeo Alpha](https://inleo.io/@scaredycatguide/rune-resistance-round-2-)