I see lots of squiggles. {g} What am I supposed to see?
But seriously, one can't tell all that much from a 5 minute chart. Here's my impression on the dailies on those two stocks.
NOVN: Looks perhaps a tad over done.
RNBO: Looks like a very happy chart with a chance to bust a pretty serious move from here. Judging by the levels of the RSI & Stochastic compared to their levels at the last big move up, and also taking into account an apparently successful breakout from a falling wedge, I would guess that this thing could make another move similar to that previous big up spike.
DISCLAIMER: I've never looked at these stocks before, so far as I know, so I'm speaking from EXTREMELY limited knowledge.
Here are the dailies.
But seriously, one can't tell all that much from a 5 minute chart. Here's my impression on the dailies on those two stocks.
NOVN: Looks perhaps a tad over done.
RNBO: Looks like a very happy chart with a chance to bust a pretty serious move from here. Judging by the levels of the RSI & Stochastic compared to their levels at the last big move up, and also taking into account an apparently successful breakout from a falling wedge, I would guess that this thing could make another move similar to that previous big up spike.
DISCLAIMER: I've never looked at these stocks before, so far as I know, so I'm speaking from EXTREMELY limited knowledge.
Here are the dailies.
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