RWM found support at current level?

RWM has so far found support at 78.6% Fibonacci Retracement level. If price will bounce from here, we might see a possible move of RWM to 10.x But before that will happen, the bulls should show what they got first because as of now all Ichimoku elements are in a bearish position. The flat Kumo and the Kijun Sen line may pull the price up to 9.57 per share and after that we need to check if there is a bearish signal from our candlesticks. If none, then price may continue to go up.

If current support will be broken, we might see RWM to hit the base at 8.61

Caveat!

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