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RENN Descending Channel

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NYSE:RENN   None
Trend Analysis Chart Patterns Technical Indicators RENN oversold gapfill Descending Channel unicorn
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trendanalysis chartpattern indicator renn oversold gapfill descendingchannel unicorn
RNN is very oversold on the monthly and daily charts. It is trading in a decending channel and if price respects the channel it should test $6. It has a large gap to fill from $3.20 to $6. RENN is trading at 1/10 it recent $10billion valuation per Softbank. finance.yahoo.c...ly-finds-a.html?.tsrc=rss

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