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RFN RFN RFN

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RFN is currently trading above the 26 period EMA which it historically used as a support/resistance.

The 12 and 26 period EMA has crossed with sellers drying up on the pull back. Gives a potential Bull flag on Weekly chart.

Look for Bear MACD cross on daily for an indication of a further pull back.

Tight stoploss @ 16 and long term target marked with T1,2,3,4 etc.. Relative fib levels should be used a guided profit target levels.

Safer to wait for break of 21 cent on good volume to confirm uptrend.
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Potential MACD convergence on Weekly and pulling back on decreasing volume. Setting up a potential Bull Flag??
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