RNT 5.26% 2.0¢ rent.com.au limited

There are two reasons that i can see on the chart that a bottom...

  1. 9,288 Posts.
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    There are two reasons that i can see on the chart that a bottom may well have arrived.
    1 is the bounce off the 61.8 fib retracement and the other is bounce off the 50 day ema.
    The thing i dont like is the recent lower highs of the rallies and a lower low on the 31st, This may mean a seller is still there wanting to get out and with the SP breaking below the 34c it may also mean the sellers dont have many to go and are just cleaning out the last remaining few. Only my opinion and I am searching for a re-entry time.
    rnt116.png
 
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No. Vol. Price($)
3 230709 1.9¢
 

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Price($) Vol. No.
2.0¢ 326405 2
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Last trade - 11.39am 04/12/2024 (20 minute delay) ?
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