Looks like a possibility to see a golden cross next week if the 50 and 200 moving averages cross.
The golden cross has signalled the start of a new up trend previously on the chart (orange highlights).
Having seen a diamond bottom play out over the last few weeks off the long term trend line, similar to last July, it seems likely a reversal is here.
Could be a 'buy the dip' moment at around 21.5c
Thinking a run to 28 - 29c could be fair guesstimate
RNU chart, page-3245
-
- There are more pages in this discussion • 948 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
