RNE
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9.09% 0.6¢ renu energy limited

After a long downturn, RNE made recovery by breaking monthly...

  1. chiforker
    129 Posts.
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    16/11/21
    07:57
    Post #: 57599599
    After a long downturn, RNE made recovery by breaking monthly moving average with good volume, followed by an extended retracement, forming a round bottom.

    Note that the price has been almost always above the monthly MA after it broke it.

    The recent hike in price saw it broke the previous high after forming a higher low, monthly MA also started up-move. All positive.

    It is a bit far from the daily MA at the moment. I'd be looking to buy once it moves near MA.https://hotcopper.com.au/data/attachments/3798/3798200-482bf2fcfa612bd193e4e988c0faa5a7.jpg
    RNE Price at posting: 13.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
0.6¢ 		Change
0.001(9.09%) 		Mkt cap ! $4.357M
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0.5¢ 0.6¢ 0.5¢ $22.98K 4.569M

Buyers (Bids)

No. Vol. Price($)
1 25892 0.5¢
 

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Price($) Vol. No.
0.6¢ 2063972 7
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Last trade - 16.10pm 18/06/2024 (20 minute delay) ?
RNE (ASX) Chart
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