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bl4ckn1ght
Apr 28, 2013 11:06 PM

RENN Long

Description

trend reversal, time to go long
Comments
bl4ckn1ght
Unfortunately the ER is read the other way, missing guidance, oh well. It has broken 50ma on above avg volume. Time to sell. A small win rather than a big win tho:-(
bl4ckn1ght
ER beats on both top and bottom line. Should carry RENN over 3.24
bl4ckn1ght
making new high. find resistant at 3.2. This would be a good point for short term to exit. may take a few more days to try this line again. mid-term still bullish.
bl4ckn1ght
nice pop. give it chance to break 3.2 resistant
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