RNU
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0.00% 7.8¢ renascor resources limited

Correct me if I'm wrong, but they way I look at it is a short...

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    84 Posts.
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    20/02/24
    16:14
    Post #: 72502309
    Correct me if I'm wrong, but they way I look at it is a short term bullish set up.
    It has broken through and back tested support on long term downward trend lines.
    Now the 50 and 200 MA have crossed. Which should technically see upwards movement.
    I'm probably wrong, but this is looking like new buyers coming in because it is so cheap, and selling has been exhausted for now.
    Hopefully we test out 0.14, otherwise it might head slowly back to 0.092 if no bulls
    Even better would be a good ann, right about now.

    https://hotcopper.com.au/data/attachments/5973/5973994-4db653e3a302dcfef620de548dacfca1.jpg
    https://hotcopper.com.au/data/attachments/5973/5973995-2a81c8ae6164be7f751cdebfda57f62b.jpg
    RNU Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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