BooBoo, This is where I disagree. I think it dangerous to try to trade this one on the technicals here. RRI broke new ground on the way down and I think it will deny the technicals and break new ground on the way up. One reason is that there are 240 million new shares out there probably much in new hands. Overhead supply is probably nil at this point. Some stocks I watch the techs first then the fundies. Others, I lean more toward the fundies. I don't know how many folks I have talked to or have PM'd me at lower prices thinking that they should get out. Several more are waiting for that pullback. In my book, RRI is a rule breaker and I will trade as such. Of course I could be wrong.
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