Renewable Corporation (RNWB)

[pro_trader]

Even though the stock closed down on the day, it made a new intraday high of $1.25 on huge volume. The stock looks like it wants to find new support at $1.20 (the previous resistance). We also got an EXTREMEY BULLISH indicator called the "golden-cross". This is where the 50 day moving average crosses back above the 200 day moving average. This bodes very well for IBOT shares inthe longer-term. Today was a gift. Huge buying opportunity. May be up big before the end of the week!!