Renergen (ASX: RLT) creates vaccine storage solution, page-623

  1. 7,296 Posts.
    lightbulb Created with Sketch. 336
    i am happy to give this a go but only based on charting.
    this is highly speculative, jmho, and not investment advice.
    i believe we have an inverse head and shoulders pattern forming, definitely bullish, need to break around $2.07 and this will be off.
    the first circled area is the recent pump/ short/ JSE xtrade, only really useful for setting a new high.
    the second circle is where we need to break the neckline. if this is broken then a test and break of the previous high is possible.
    may require news, but IMHO i will guess that previous high of $2.90 will be tested and broken within the next 3 weeks.
    https://hotcopper.com.au/data/attachments/2935/2935273-d6c9270aed07c3bcdc54ff6d2c1e1eb5.jpg

 
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