Reyna has a long way to go before beginning a bull run!Reyna will need to get into the box, specifically, anything right of the arrow to begin a monthly and weekly bull run.
Reynasilver
Metals - RSLVModel has given entry signals for Reyna Silver:
- Reyna Silver Corp. operates as a silver exploration company in Mexico. The company's flagship property is its 100% owned Guigui Property, which consists of 7 concessions covering an area of 4,553.7034 hectares located in Chihuahua, Mexico. It also explores for gold properties. Reyna Silver Corp. is based in Toronto, Canada.
- We expect a boom in silver and the Mexcian peso in the nearest future.
- We are very excited about opportunities in the commodities sector, as we believe a macro turn is approaching in the nearest future.
- Technically in a Wyckoff accumulation structure with a spring, possibly testing the channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Waiting for uptrend confirmationExceptional OBV uptrend can rocket RSLV cross the SMA10, towards CAD 2.35. Looking forward to your feedback.
About Renko Charts
A Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for bricks, "renga," since the chart looks like a series of bricks. A new brick is created when the price moves a specified price amount, and each block is positioned at a 45-degree angle (up or down) to the prior brick. An up brick is green, while a down brick is red.
