RENERGEN LIMITEDLong
REN.JSE Renergen Prints a Rounding Bottom.
Updated
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.
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.
Note
Retracing to 0.38 - 0.23 FIB Area, should be healthy.You never know with this one.
Note
Errata. The 1D VWAP is actually the 1 Week VWAP.Note
Now a Cup & Handle.Note
Renergen Says Annual Loss Per Share May Widen to Between AU$0.728 and AU$0.767Note
Renergen Produces Liquid Helium at South African Gas Project. Shares Up 4%Note
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!
Note
FIB Extension to 2 = R14.19
Lets see?
Note
Did a new FIB from Low to High & Retracement to Level 0.618 @ R11.00 was seen.
This should be Healthy.
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