RENE Cartesian Growth II (NASDAQ) $11.75 intraday: oversold bounce for rebound

RENE Cartesian Growth II (NASDAQ) $11.75 intraday: oversold bounce for rebound

RENE stock is trading at $11.75 intraday on NASDAQ in the United States and shows a compact setup for an oversold bounce. The stock trades below its 50-day average of 11.88 and just above its 200-day average of 11.68, with volume at 12664.00 versus an average of 50707.00. For short-term traders, the combination of cash per share of 12.21 and low liquidity suggests a mean-reversion trade if a clear uptick in buying appears.

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