RENN Trade Idea Update (long)

I featured RENN as a trade idea on March 27th last week (long)

Here's RENN Today...

 RENN's Triangle, it's hitting some resistance at the breakout line.

 Here's the reason I liked RENN, a 1 60 min positive divergence in the triangle.

Friday RENN formed a smaller triangle with a 1 min positive divergence so it looks pretty good thus far, hopefully it will blow through resistance and put in some real nice gains. If you need stops for the trade, email me.