RNWK

[Shelley]

:DHi
I bought inot RNWK today, looks like something is up. Lots of volume towards the end of day, I'mthinking gap up and then a little run, will have to push through 7.00. Your thoughts please

[DJF]

The overall market is keeping this under wraps and forcing another test of support. Recent volume favors the downside, so watch how prices react at support of a large bullish ascending triangle. No need to panic yet, but yes - a break of $7.00 should see this fly.



stockcharts.com/gallery?RNWK

DD as always,
DJF