REN.JSE Renergen Prints a Rounding Bottom.

2024年4月9日

Renergen Prints a Rounding Bottom Pattern which is Bullish.

I had parked this one in my Bottom Drawer, almost gave up on any Hope.
Last had a look in early January.

Seeing the recent price action made have another look, and it's starting to look good.
Seems the recent incoming JSE Tide on Commodity Stocks could be lifting many boats.

The Chart is self Explanatory.

As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.

Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.

Regards Graham.

PV = FV/(1+r)^t Present Value = Future Value / (1 + R Rate of Return ) ^ Time.

2024年4月15日

註釋

Retracing to 0.38 - 0.23 FIB Area, should be healthy.
You never know with this one.

2024年4月19日

註釋

Errata. The 1D VWAP is actually the 1 Week VWAP.

2024年4月22日

註釋

Now a Cup & Handle.

2024年4月30日

註釋

Renergen Says Annual Loss Per Share May Widen to Between AU$0.728 and AU$0.767

2024年5月6日

註釋

Renergen Produces Liquid Helium at South African Gas Project. Shares Up 4%

2024年8月13日

註釋

Finally RENERGEN: LIQUID HELIUM PRODUCTION TRAIN IS NOW FULLY OPERATIONAL AND ACCUMULATING LIQUID HELIUM INVENTORY FOR SALE.

Next is too see when the Proposed Listing on the NYSE will happen and if there will be a Dilution of Shares? I certainly hope for no Dilution.
Mr. CEO Please lets your patient Investors know more!

2024年8月13日

註釋

FIB Extension to 2 = R14.19
Lets see?

2024年8月29日

註釋

Did a new FIB from Low to High & Retracement to Level 0.618 @ R11.00 was seen.
This should be Healthy.

1月31日

交易進行

Example of a Total Failure.
Certain shareholders milked the Retail Investors and continue to do.
Last Visits to Site as requested by the MD for media where initially positive.
And we saw the Spike.
Promises for a listing are non existent.
I still believe in the value existing.
However other claims are dis concerning.
This remains highly Speculative and very disappointing for those in at much higher value.

Not True, But where is the MD and all? We see them in the Carrabin? On there Yachts?

2月11日

交易結束：目標達成

We all know that the CEO has over promised and under delivered therefore locked in many retail investors or simply stolen their capital. (I,m Shure his cronies are buying now for a huge upside.(Later?) Business Day was invited to see their plant, and strangely came back with positive thoughts. However since then the Stock price has simply TANKED. My advise is to simply avoid this one, and never buy into a declining capital scenario. All one can do is use this as a TAX loss offset.