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Keep watching for possible short position

Short
REINET INVESTMENTS S.C.A (JSE:RNI)  
RossLarter  
JSE:RNI   REINET INVESTMENTS S.C.A
Trend Analysis Moving Averages jse ALSI ZAR southafrica reinet
3
0
trendanalysis movingaverage jse alsi zar southafrica reinet
Although not confirmed yet, RNI is looking like we could be in for a downward move sometime soon. The MACD and EMA's are yet to confirm to the move, but the price has broken through the 200SMA which could indicate a change of trend. Keep an eye on this for confirmation of a short position.
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