RNE 20.0% 0.4¢ renu energy limited

retracement

  1. 1,538 Posts.
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    High: $2.17 Low: $0.65 (30.6.06)

    Retracement
    23.6% = $1.81 (done)
    38.2% = $1.59 (done)
    50.0% = $1.41 (done)
    61.8% = $1.23 (done. Down to $1.195 on 26/8)
    78.6% = $0.98 (will be)
    100.0% = $0.65 (???)

    All lines (RSI, CMO, RMI, MFI, MACD, OBV, etc) are very high
    and start falling. Unless there is VERY GOOD news, sp may fall to $1 or less.
 
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