RNU 0.00% 7.8¢ renascor resources limited

Alot of people screaming manipulation which is usually the case...

  1. 116 Posts.
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    Alot of people screaming manipulation which is usually the case on hotcopper. Truth is there is nothing you can do about it except be patient and let it play out. Holding the highs here even with those large walls in place, the fact that the highs are being held shows a lack of selling from all involve (except the bots). Today was a very good candle and our first sign of accumulation, bought up with some larger buys coming through late as always.

    The longer this trends sideways usually the more aggressive the breakout is. My guess is that once 27.5 falls, the orders behind it will be pulled and we should get a burst towards 30c.

    Keep in mind the XJO is at a strong point of resistance trying to break through its own downtrend here, so if the next few days are rough for the market and RNU continues to hold this level - even better sign. Goodluck all

    JD
 
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