RENN IS OVERSOLD NOT OVERBOUGHT

Apparently some people are shorting based off charts which show this stocks price history completely wrong. This stock didn't not break out it fell by over 80% and is oversold not overbought. It was trading @$10 thursday of last week. Gap to $6 over $3.19 to play. Trading at about 1/10 its enterprise value. This company is valued in the billions.
Trend Analysis

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