RNU renascor resources limited

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RNU chart, page-4976

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fuhc46

981 Posts.

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23/06/25

19:32

Post #: 79536542
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Originally posted by fuhc46: ↑

the upward movement came after all on a nice catalyst, not just speculation and on reasonable volume. My tea leaves are saying neutral ATM but levels I'm watching include all of those POI's (zoomed in below the weekly chart). The 5.6 level was attempted over the last 2 weeks reaching 5.7 before bouncing up. Hopefully they're moving on from there now. Time will tell but we now have the catalyst needed to support higher SP.

On a weekly time frame, the SP is below the 43 EMA (orange trend), on the daily it's above. On weekly the RSI is in neutral territory but aiming upward. The long downward wick indicates SL hunting which was anticipated on my charts.

If you're speculating where the SP will go, watch those POIs. A better sense of direction will come over the next couple of weeks but keep in mind what's going on in the middle east, gold and other macros.

GL

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Macro won today. I think most people like me, are very jittery due the internal U.S shenanigans , Ukraine and Mid East, China and Taiwan.

If the SP is to start hunting lower, keep an eye on 5.3 and 4.2. GL guys, will be an interesting few weeks on the markets I reckon.

RNU Price at posting: 5.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.6¢		Change 0.000(0.00%)		Mkt cap ! $141.1M

Open	High	Low	Value	Volume
5.6¢	5.7¢	5.5¢	$90.04K	1.608M

Buyers (Bids)

No.	Vol.	Price($)
22	929124	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	30000	2

View Market Depth

No.	Vol.	Price($)
1	72891	0.056
22	929124	0.055
9	642267	0.054
1	450000	0.053
7	687999	0.052

Price($)	Vol.	No.
0.057	63453	4
0.058	709090	3
0.059	651149	6
0.060	260500	5
0.061	137829	3

Last trade - 12.15pm 24/06/2025 (20 minute delay)

RNU (ASX) Chart

RNU chart, page-4976

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RNU chart, page-4976

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