InvestorsHub Logo
Followers 121
Posts 4895
Boards Moderated 0
Alias Born 11/11/2006

Re: matt24d post# 259719

Monday, 06/24/2013 6:48:20 PM

Monday, June 24, 2013 6:48:20 PM

Post# of 656237
Hey bro, do you still think the chart looks fine? I'd say RNN is looking at .36 if the market stays crappy. It broke below .44 support today cracking the foundation. Way more downside risk than upside in a market like we have now. That said, the market is due a bounce. After that bounce plays out, the market will continue downward because there is a huge ABC down in place that will take the market a lot lower over the summer months.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.