RNX 0.00% 1.0¢ renegade exploration limited

price action over the last two days, page-15

  1. 521 Posts.
    Hi Nathan,

    It looks like the 'Knock three times' theory has proved true once again with price penetrating the 27.0 cent resistance level this morning to reach the current intra-day high of 29.0 cents. I will be watching with interest to see where it closes today, in terms of the support and resistance levels I described in earlier posts.

    In the meantime, I have been happily accumulating this morning at 27.5 cents on the pullback from its initial surge. I'm anticipating another run starting either this afternoon or sometime tomorrow so there's no time like now to get set, as far as I'm concerned.

    Other than that, I don't see any change to my earlier assessments. I will put up another assessment and accompanying chart when I see the need for an update.

    Fingers crossed that everything continues to plan!

    Regards,
    Bones
 
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