pennysharefortune

RFT rectifiers technologies ??

Long
ASX:RFT   RECTIFIER TECHNOLOGIES LTD
RFT has been in selling mode since its Peak at 7 cents.. fair trading , it was a top and investors traded , sell ,,
lets have a view =
on daily chart W5 top at 7 cents,, expecting retracement ABC = 5.8 support.
onweekly chart we seems to have comlpeted W4, giving formation for next leg up?
on monthly = W3 = waiting continuation of expansion in the EV market and more?? profits and technologies
please note on daily market depth it look to me that a window dressing always pop after some one sell?? i guess rolling down for accumulation??

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.