RFT TTHEORY wave countlook at the chart??
0.035 is cycle support
on wave count we did retrace to wave 4..
which seems to show support
Rectifier Technologies Ltd
No trades
Market insights
$RFT bgu today. Buy as low as possible, stop 5-10% below that. Rectifier Technologies Limited (Company) are pleased to announce that the Company has
received product purchase orders from Tritium Pty Ltd totalling approximately 20 million USD
for the supply of 35kW high-voltage and high-efficiency modular power supply units for highpowered DC electric vehicle charging. The orders are scheduled to be delivered before the
end of 2022 (calendar year) and are binding purchase orders.
They have other partnerships including something called the CharIn taskforce. Seem to have plenty of revenue and cash. dyor.
RFT rectifiers technologies view updatefellow supporters..
indeed a bit of suspenses around the TRAP = is it a BULL TRAP
follow your heart and the chart in this sequence??
we did retrace from 7 = prediction
finding support at those level = very importaant?? the market
facts: RFT is in full expansion in the EV market . via trithium a famous Aussie companie making a famous presence in the big brands auto manufacture of the world,, present in the 4 continents??
what else to say GO RFT
linkedin mention a special event soon??
Good Luck all
RFT rectifier technologiesfellow supporters..
indeed a bit of suspenses around the TRAP = is it a BULL TRAP
follow your heart and the chart in this sequence??
we did retrace from 7 = prediction
finding support at those level = very importaant?? the market
facts: RFT is in full expansion in the EV market . via trithium a famous Aussie companie making a famous presence in the big brands auto manufacture of the world,, present in the 4 continents??
what else to say GO RFT
linkedin mention a special event soon??
RFT rectifier technologies chart updatea bit of suspenses around the TRAP ?? old reviews of insiders selling?? flollow your heart and the chart in this sequence?? retracement was predicted ??
support at 5.7 is important??
logic is :: RFT is expanding in the EV market.. according to Linkedin we are due for a special announcement..
that the market.. we need a break out >>>>> a bit of selling but looks like those shares are moving to good hands??
i think 2 millions lots are good willing hands
good luck sadhu sadhu sadhu
RFT rectifiers technologies ??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??
RFT rectifiers ?? continuous selling??on chart
daily reading = support 5.8
if broken next 4.8 ( W5 top 7 cents,, retracement 5.7 ABC )
on weekly chart : wave 4 complete = waiting formation wave 5 confirmation
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on monthly chart: waiting for confirmation of coninuous expansion in the EV market/// profits forecasts and technologies evidence
RFT Flag formationAnother flag formation on daily, looks ready to breakout tomorrow with target at 8c. Very strong momentum on this one, watch closely
Conservative Trade : Ascending Triangle + BreakoutASX:RFT
RFT.ASX seems to have broken out of an ascending triangle on Weekly chart. Weekly chart patterns play out the best and are slightly more reliable than Daily. The volumes is also steadily rising reinforcing the breakout. Conservative trade to enter at current levels or on slightly pullback tomorrow. Disclosure: Bought today at 0.038.
