RENK Elliott-Wave Analysis
R3NK chart probaly formed the Wave(1) after IPO.
Since the Top in Apr '24, we are stuck in a Downtrend.
Im expecting the chart, to establish a bottom in this blue pricerange.
If this support breaks, we could potentially fall much lower.
Since the Top in Apr '24, we are stuck in a Downtrend.
Im expecting the chart, to establish a bottom in this blue pricerange.
If this support breaks, we could potentially fall much lower.
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.