Updated
REN's Short-Term Path
It looks like Ren is bouncing between the ascending trend line and the 2hr 50 day-EMA. I expect a few days of consolidation and then a move up. Negative macro news could negate this.
Note
Obviously this was wrong. Thankfully, it moved to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.