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Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.

GREY:RNSFF - Post Discussion

Renaissance Oil Corp. > This will get someones attention
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Post by farml1234 on Mar 09, 2020 4:59am

This will get someones attention

Holy cat manure here it is $20 oil in 1 day. Unbelievable.There's your prediction Lucky. $ 27,34 low today for now. "That level is strong support but there is also a triple bottom there at 42.20, at 42.05, and at 42.35, seen in October 2016, May 2017, and November 2018. If that triple bottom is broken, there is no strong support until the January 2016 low at $26 is seen. Looking at the monthly chart and going back 20 years, this scenario is not only possible but has a decent probability rating." Unreal. Armageddon. If you want to see one spec of light I guess it's better to happen over 1 day than protracted because this is going to have one hell of a supply response and should be short lived. But I have been wrong before..
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