As is the answer for all of these types of questions there is only one definitive answer. Maybe... In my opinion I think it has found at least some short term support at around 34c. Whether it will drift lower I'm still not sure. I have started building a position at this level but am not jumping all in just yet. Perhaps next year when we have a bumper month of users (I would think Jan/Feb/March would be busy with all the students moving for the new year of Uni and families before the kids start school) I will go all in. That said I am very bullish on this for 2016 and think even if it dips lower perhaps to 28c where they performed the cap raising it will be a big wealth generator next year.
RNT Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held