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DRP37
May 6, 2012 3:17 PM

Rentech (RTK) 

Description

Looking forward to the next QTR earnings report coming up on 11MAY2012, it appears we're seeing some profit taking. From what I've read, it doesn't appear to be anything more than the pre-earnings jitters. Possible for it to hit the $2 support line and wait for the earnings report. I do not have a position in RTK, but do lean to the bullish side at the moment. There are no bearish indicators on the CCI or RSI that I can see.
Comments
DRP37
After today's trading, it appears RTK is flirting with the bottom off the cloud. Gonna keep an eye on it.
kittywu
Agreed.
DRP37
Thanks! Does my assessment make sense to you?
charttrader
Nice chart
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