Renergen General Discussion, page-2978

For what it is worth the stochastic and RSI are divergent to price on daily and weekly time frames which is usually a sign of a turnaround brewing. Divergence can continue for a while though. The weekly candle had a longer wick to the upside than downside which I take as a positive. I would prefer the weekly candle to have had a longer wick for a confirmed turnaround candle, but I would describe it as "doji"- esque. I would be surprised if a counter rally in the downtrend is not brewing soon. The movement is still within the trendlines, which says to me share is down - but not out- yet. A change in the long down trend is still a long way off. Just my opinion, not advise.