Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel

RTK 0.200

+5.3%

Oct 13 5:00 PM EST

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To: TokyoMex who wrote (2124)	3/17/1998 12:41:00 AM
From: J.Claudio	Read Replies (1) of 14347

Reading the chart like tape reading (in the old days) is a fine art. Often people new to TA get caught up trying to read all the different indicators which can and often do conflict with one another... leaving most investors unable to pull the trigger. To get better insight into what is happening to RNTK right now all you have to do is look at the monthly chart. - RNTK moved from roughly .28 to 2.25 (Sep-Oct) from which point we consolidated sideways to down - which is only natural after a 800% move! - Look at the following four months - the high in those months were Nov 1.68, Dec 1.65, Feb 1.62. Three times we ran into upward resistance in the mid 1.60's range and failed to breakout! - March however, is very different. We clearly have a breakout thru 1.60's pushing our way back towards 2.25. Look at the volume we already have more shares traded this month (with two weeks to go) than we had the last four months. This month is the beginning of our breakout! The last four months has layed the foundation for the next leg up. I feel bad for all the people who have been so patient with this stock but yet have sold too early. The BIG MONEY is right around the corner. J.Claudio

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