Replies to post #260047 on ORIONS Money Stocks

[livinginstyle]

RNN ~ It is close. Patience.................

You guys could be right about RNN, but the chart is saying something else. Almost all indicators are turning down including the MACD which has crossed over and is a powerful indicator. Also, the up days lately are on lighter volume than the down days. The last few candles are very bearish with a hanging man, a long red candle and two inverted hammers which indicate a down move is coming. Resistance is at about .47 and the stock cannot penetrate that number. Most of the time, if they cannot get the price up, they will drop it down. I could be wrong, but that's how I read the chart on RNN.

http://stockcharts.com/h-sc/ui?s=RNN&p=D&b=5&g=0&id=p27358307385