JSE:RNI Reinet the Next Step Up
Following the accumulation of RNI (see series of posts below) we have seen a backup and am now ready for the markup to continue. There is negative divergence on the volume RSI. Volume is increasing on advances and decreasing on declines indicating a readiness to advance. There is no volume at the bottom of the pullbacks which indicates that there is no supply left and demand can drive the market forward.
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