Renuen Corp RENU
RENU has appeared in our newsletter and on our extended watchlist over the past couple of months.
In May, we saw it run from a low of .0016 to a high of .0073, for a 356% gain. Following that run, we experienced a consolidation, where RENU found support in the low .002’s.
Yesterday the stock began to perk its head up, hitting a high of .004. The key to the session was the breaking of the 50 & 100DMA, (.0033 & .0034).
RENU is receiving a “Buy” Rating from Barchart.com
We feel that the indicators are setting up the possibility for another big run, so we will want to remain vigilant, and keep RENU on our radars.
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Extended Watchlist:
ICPA, AAPT, THWI, ARNA, ACI