@vogliobeneRNU 8.3 weekly I would be a little wary of this one....

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    @vogliobene
    RNU 8.3 weekly I would be a little wary of this one. The standard is a line break and then two legs down to test the lows. So far we have had a line break then 4 weeks of small indecisive doji type candles and the Heiken Ashi candle colour has turned to red again for last week's candle. There is little sign of bullish enthusiasm here yet.https://hotcopper.com.au/data/attachments/3265/3265883-1591478ead258e7eeb635eb404fb5282.jpg
    RNU 8.3 daily looks a little more encouraging with price above a coiled 8ema and 34ema but price remains capped by the 50sma since April. Price remains rangebound for now but the larger timeframe action usually prevails
    https://hotcopper.com.au/data/attachments/3265/3265910-2f9eee4376e45d9b18d40c9c2bda6514.jpg

 
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