Posted On: 05/15/2012 4:17:33 PM
Post# of 716
End of day chart: http://stockcharts.com/c-sc/sc?s=RENU&p=D...7112762478
Buying pressure at EOD really put the changes on the paper here. RSI back to >70 (Oversold, according to chart terms-Float Locked in my terms!!!)
PPS has moved back to the Upper Bollinger. If it remains up there, it will bring the 20 SMA up to it.
50 SMA has passed the 200 SMA- That's a Golden Cross! (Extremely bullish!)
MACD back to a upward and diverging track. Accum/Distrib= up up and away!
Adding in the Parabolic SAR, we now have 6 trading days in a row of uptrend.
Would love to see a new base form at 50-60 range, or even more!
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