Rock Ridge Resources, Inc. (RRRI)

[lowtrade]

BR549

100% TA short term 1 - 2 weeks swing trade
plus;
long down trend reversal
bull pennant, in pause stage
MACD rising to "0" with good divergence
major bid buys the last few days
accumulation/distrubution bottom, large divergence

neutral;
STO
RSI
CMF still shows selling pressure, but improving

negative;
Aroon down trending 5 day
DMI tight with ADX down trending
PPs at top of BBands
50 day MA still down trending

IMO could have a 1 to 1.5 cent pop any day. But I'd say stock is right at a turning point, which could be the start of a reversal mid term or return to down trend. Looks like waiting for positive news of some kind and the big guys buying on tighter spreads with volume retrace.

If I were looking for a quick risk play, I'd expect this for a 3 day pop within 2 days top target up 1.5 cents. Swing it fast and watch to see if it turns some of the neutral & negative indicators after. If they turn, I'd start a normal 1 to 2 week swing, mid to late next week and continue to watch for a continuing up trend to form.