luckeyma

RENN Descending Channel

NYSE:RENN   RENREN INC
RNN is very oversold on the monthly and daily charts . It is trading in a decending channel and if price respects the channel it should test $6. It has a large gap to fill from $3.20 to $6. RENN is trading at 1/10 it recent $10billion valuation per Softbank . https://finance.yahoo.com/m/6da60322-c6b...

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