Ranhill Analysis 14.6.23 Potential Long
Potential Bottom Fishing for Ranhill. Price dropped to fib level 0.382 at price 0.52 After dividend payment. Looking technically; MFI above 50% and volume to start kick in indicates price trying to push up.
A possible re-entry at 0.52 and low risk traders can exit in short TP. High Risk High Reward traders can hold till TP 0.8.
Not a buy/sell call. DYOR.
A possible re-entry at 0.52 and low risk traders can exit in short TP. High Risk High Reward traders can hold till TP 0.8.
Not a buy/sell call. DYOR.
Trade active:
Short TP hit target at Rm 0.54.
Holders can hold for longer TP but please do a risk management before any decisions. Technically, volume has been softened and that could be indication that price could drop. However, still believe this counter will go further up.
DYOR.
Holders can hold for longer TP but please do a risk management before any decisions. Technically, volume has been softened and that could be indication that price could drop. However, still believe this counter will go further up.
DYOR.