GREY:RNKLF - Post by User
Post by
Happypappyon Nov 27, 2018 12:18pm
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Post# 29027818
Canada bulls says it's a buy
Canada bulls says it's a buySignal Update Our systems recommendation today is to BUY. The pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.5300, and our valid average buying price stands now at 0.5350. The previous SHORT signal was issued on 12/11/2018, 14 days ago, when the stock price was 0.6900. Since then RNX.TO has fallen by -22.46%.Market Outlook We may be at a market bottom or at the start of a reaction rally. The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. Todays candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.