REUNERT LTD

$JSERLO - Reunert: Loss of Momentum But Still Pushing Up

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See link below for previous analysis.

The triangle outlook has been invalidated but prices has continued upwards as forecasted but with much reduced momentum compared to wave [iii].

The support trendline is firmly intact but price action has been very choppy from 5370.
It is likely that the stock is forming an ending diagonal for wave [v].

I am always cautious when a stock is trading in its fifth wave so I will be neutral to slightly bullish at this juncture.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.