RENERGEN LIMITEDShort
Renergen losing it's energy - Support needs to hold or trouble
Renergen has been on a one way trajectory down along with the solid downtrend.
We have the price below 20MA and 200MA
Now if the support does not hold, it could confirm an M Formaiton, which will send the price further down to R1.31
If the price has bottomed then there may be some type of hope for Renergen.
We have the price below 20MA and 200MA
Now if the support does not hold, it could confirm an M Formaiton, which will send the price further down to R1.31
If the price has bottomed then there may be some type of hope for Renergen.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.