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benjihyam
Jan 27, 2022 4:49 AM

$REN down to $.13-.17 then up to $2+? 

Description

Ren still looks like it has a little bit of correcting to do. I think we'll bounce shortly here, but then ultimately find our way down to $.13-.17 before finding a low.

From there, if the market turns bullish again, then I can see run running back up to the highs, and if it breaks them, can see the $2 range. Bearish scenario would be if it can't break out of the upper trend line (or $1), then we could see a retrace from that level.

Let's see how it plays out from here.
Comments
PVerten
works like magic. On track. Nice analysis
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