Chart analysis: downside 15-20% against upside 43%. volume is rising in the past few days, RSI reaching 70 (good momentum), MACD trend crossing above the signal line, all sets up for a bullish move ahead.
Fudemental: Hydraulic fracturing "fracking" is a hot topic in all petroleum industry. China needs coal, just recently introduced hydraulic fracturing. RCON can be a good potential buy .
Fudemental: Hydraulic fracturing "fracking" is a hot topic in all petroleum industry. China needs coal, just recently introduced hydraulic fracturing. RCON can be a good potential buy .
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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.