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RNU chart, page-2374

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    TA Perspective RNU 29 March

    Potential to see a ABC retrace down to 19-20c,
    • this may be necessary to allow the 200 EMA to catch up and form the next base similar to July 2021 & November 2021
    • allow the RSI & MACD to cool off and leave room for the next big step up (high on both weekly & daily)

    TA Targets for next leg ups;
    ~54c
    ~75c
    ~105c

    All IMO & DYOR - it could also just go straight up from here which would be great also.

    https://hotcopper.com.au/data/attachments/4212/4212954-6c4b7a18a061fdb33e072f20a29b0fd1.jpg
 
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