RIL 20.0% 0.4¢ redivium limited

HNR Chart, page-40

  1. 1,862 Posts.
    lightbulb Created with Sketch. 1473
    After a nice retracement to the 61.8% fib mark, I would think we will consolidate around here and start to head north. Looking like a good setup for an elliot wave 3 move commencing, and if I had to take a rough stab at the chart between now and the CR it might look something like this:

    https://hotcopper.com.au/data/attachments/3665/3665298-125cfb2a0c3003fb716ef251582cef1a.jpg
    Not advice, and DYOR etc.
 
watchlist Created with Sketch. Add RIL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.