Renuen Corp RENU
RENU had a record volume day on Tuesday, cleaning out what appeared to be old sellers leaning on the stock.
At yesterday’s HOD of .0046, we’ve already witnessed gains on the order of 188%
RENU rose above its 200DMA never looking back. The RSI is currently sitting at 67, ready to breach the Powerzone. The PPO recently crossed, and is kissing the 50DMA, looking like it wants to surpass that, as we’ve highlighted on the chart below. The Slow STO also crossed recently, pointing North after surpassing its own 50DMA.
Along with the recent increase in volume, it appears RENU is running with the bulls. We’d like to see it hold above its 200DMA moving forward.
IDO Security, Inc.
IDOI has been making higher highs and lows ever since it bounced off its 200DMA at .34.
All the moving averages are steadily climbing as you can see below. The 50DMA recently crossed the 20DMA, and the 100DMA is setting up to do the same.
The RSI is showing strength, having just passed the 50 mark, and looks likely to cross above its 50DMA.
The PPO looks ready to cross as well, with the histogram about to flip up topside.
The Slow STO is exhibiting similar signs, and also heading for the powerzone.
MHYS, VPER, EMWW, BMXI, VNDB