RNDR opened with a small downward gap, and has bee

RNDR opened with a small downward gap, and has been bearish all day, as selling pressure pushed the PPS below the 50 MA for a short period today. Most of the transactions today have been on the bid side, which helped the limited buying on the ask push the PPS back above the 50 MA. The resistance at 0.012 was greater than might have beene expected. Todays trading has produced a re-set to the RSI. The overall chart however is bearish.

Investors are loading shares at this level as entry has also been created by the drop in PPS. Investors must think that there is still plenty of upside potential, as the stock sees a good amount of volume traded today, but remains in a position to hold support.

Company has been on schedule of one or two PR's a week, We have seen one on monday. I would suggest eyes be keep on the wires as press may be coming soon.