RNU 5.38% 9.8¢ renascor resources limited

RNU chart, page-4185

  1. 4,176 Posts.
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    BOOM!! lol..........safe to say I think it's on guys. This waveC leg for a 2yr consolidation is plenty.

    Added a fair bit a 17c and 10c.

    Healthy looking chart just a major consolidation period which is understandable in spec miners.

    https://hotcopper.com.au/data/attachments/6172/6172572-91f87e9369d4826774b149c880688a8f.jpg

    Secondly it bounced off the final red line being 78.6Fib retracement.

    https://hotcopper.com.au/data/attachments/6172/6172575-0035d6fd2d231aada4abde08e2f3e3f5.jpg

    and TP around 68c on the next run would be the first target.

    https://hotcopper.com.au/data/attachments/6172/6172583-0015454e8167049b46ca8edaff1e9459.jpg

    E.g in CXO's case it ran well past the 1.618Fib extension.

    What happens after that who knows hence just being real and using CXO as an e.g.

    https://hotcopper.com.au/data/attachments/6172/6172595-9822ab469f2b52cabbadf0456a213f0f.jpg

    G'luck!

    DYOR.

 
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