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Archive for March, 2012.
Today’s stock to watch RENN. This stock has been forming a pennant pattern over the last few weeks and the stock looks like it may be starting to gain some momentum again. The Pennant is a continuation pattern, that is marked by a small consolidation before resumption of the previous trend. Let’s keep an eye on her as i think momentum will pick up.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.
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