Timonrosso

Renergen hit the target at R9.33 and now uncertain territory

看多
JSE:REN   RENERGEN LIMITED
M Formation formed on Renergen. The price came down and hit the target at R9.33...

Now we had a bfreakway gap with testing at the low, which shot right back up. This is showing there is more buying volume coming in.

However, we aren't seeing any strong bullish signs yet. I think the price needs to consolidate and form a higher low, then we will have some form of Cup and Handle...

We will need to wait for the next move as it could be a volatile move.

✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

💰FREE Discord:
discord.gg/c8f37kyv35

Twitter:
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。