ORIONS Money Stocks

[livinginstyle]

I have seen where buys show up as sells as well. Hell I have seen my own buy orders cross the tape as a sell.

As per the buy/sell data on iHub, your buy order was a sell if the transaction was done at your bid price if that bid price was less than the current ask. That would mean someone sold you their shares at your bid. If your buy order was done at ask price, like a market buy order, or your bid was at the current ask price, then it should have showed up as a buy.

This stock did a 50% retracement of the last run. The last run started at .40 and ended today at .505. A perfect 50% retracement would have been .4525. This could be a one day pull back or it could see a .618 retracement which would take it back to .4401. Tough to call. Today's candle is a bearish harami which tells me we could see a retest of today's low or a test of the .618 fib number. None of that really matters though because the upward movements are on much higher volume than the downward movements like today. Over all, longer-term looks good.

There is resistance between .50 and .67 cents everywhere on the chart. But, volume will take care of that. The stock looks like it is heading to one dollar on the chart. It wants to fill the gap between about .82 and .98 cents as seen on the chart, see link. It's just a matter of time before it gets there.

Look at the ADX at bottom of chart. That indicator shows trend and this is definitely trending upward.

http://stockcharts.com/h-sc/ui?s=RNN&p=D&yr=2&mn=0&dy=0&id=p41570342269