R3NK based on the 4h chart analysis there is an upward channel with consistent higher lows and higher highs. Today's dip was rejected and my serve as a new support line. What are your thoughts?
RENK GROUP AG stock forum
R3NK based on the 4h chart analysis there is an upward channel with consistent higher lows and higher highs. Today's dip was rejected and my serve as a new support line. What are your thoughts?R3NK : based on a fibonacci retracement with 7th April 2025 as a low, I see 80.21 EUR as a next resistance.A correction to 61.48 EUR could be possible and confirming an Elliot Wave 4.
R3NK is showing higher lows and higher highs since the start of the year. Volume is stable since February. What key metrics do you look at?