ERN 0.00% 0.5¢ erongo energy limited

ern could follow uramin, page-3

  1. 1,044 Posts.

    gotsome,

    Support looks pretty solid between below 81c.
    Trendline support is near 75c.

    Promising signs today of a break of downtrend resistance since the peak on June 1st.

    Other indicators are suggesting it is pretty good value at the moment without being an absolute bargain.

    RSI is giving early indication that a rally may be just around the corner - a close at or above 89c would confirm this.

    Possible upside target in the short term = $1.08.
 
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