RNE 11.1% 0.4¢ renu energy limited

Hi guys,My read on yesterday's action was that it's very...

  1. 603 Posts.
    Hi guys,

    My read on yesterday's action was that it's very bullish. Even though the candle was a Doji, the close was almost at the high of the day. IMHO it qualifies as a Hammer. Price action in the next couple of sessions will confirm this thinking.

    The buy interest also appears to be increasing.

    Fundamentally speaking, this stock is way oversold and is trading well below NTA value.

    DYOR but IMHO it's looking like a break is coming very soon.

    Cheers
    Quik.
 
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Last
0.4¢
Change
-0.001(11.1%)
Mkt cap ! $2.904M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $19.23K 4.659M

Buyers (Bids)

No. Vol. Price($)
26 10120692 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2180720 4
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
RNE (ASX) Chart
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