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matbielby
Jan 3, 2021 10:45 PM

ASX:RNE Long position entry analysis 

RENU ENERGY LIMITEDASX

Description

This share looks to be trading in an ascending channel, looks to be an accumulation underway. Marked are entry and exit points, and stop-loss. Sharing is trading much lower than previous highs. Company now has a good debt ratio, and carries a lot of tax loss credits making it appealing for merge/acquisition.
Comments
PatTurner
how did you go sell at 0.04 or held?
matbielby
@PatTurner, hi pat,I sold, should have held huh.
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