RNT 5.26% 2.0¢ rent.com.au limited

Where is support?

  1. 1,960 Posts.
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    No point denying that this is a significant retracement now. Just trying to work out genuine support levels or fib retracements.

    Maybe mid 30's or even a tad lower is not an impossibility now? ZIP recently retraced a lot from a sharp spike, sometimes they come back more than you ever expect.

    I still like the company but smarting from lost profits & I did add to my position at a lot higher levels.

    Sharemarket = Capitalism at it's finest.
 
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