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Renuen Corp. RENU
Posted On: 05/25/2012 9:05:45 AM
Post# of 716
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Posted By: finishsuper

Chart:


http://stockcharts.com/c-sc/sc?s=RENU&p=D...7950862680


We are not out of range on the 200 SMA. Would have liked to see the PPS pull the 200SMA up and up, but nonetheless, we are currently residing right near it. 50SMA will most likely creep downward, if no buying pressure is applied. 


RSI has crossed 50 indicating an "oversold" condition. 


Bollingers are wide open now, confirming that we could go either way. Buying can send it much higher, selling can send it much lower. (What are you basing your position on?)


MACD has crossed the signal line and is diverging. Yep, we have had a rough day or 2. 














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