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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: eric deaver who wrote (5555)6/23/1998 2:08:00 PM
From: Lawrence Burg  Read Replies (1) | Respond to of 14347
 
from my notes last night...
...pitiful volumes while under the 50dma. ADX has another dip to go.CCI & MACD slightly up, w/co flat. OBV down slightly, w/RSI trending up. 14,3,3 trendin up strongly, w.Combo mid -terms coming off bottom. Look for one more dip in next 2 weeks.



To: eric deaver who wrote (5555)6/23/1998 3:41:00 PM
From: John S. Baker  Read Replies (2) | Respond to of 14347
 
My "quick glance" at the TA's show that RNTK is basing at about $1.53, although there is still a slight downward tendency. Essentially, it is stuck in a very narrow trading channel.


To me, it sounds like people are sitting waiting around for something to happen.


Other opinions.


Caveat: TA does not apply to news-driven stocks.


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