Here’s a look at this week’s top industries, sorted by weekly change in hybrid score:
Here are the top individual hybrid movers on the week:
Now, some of you may be asking yourself, “what is a hybrid mover?” Well, here is an explanation.
See you guys in a few with the weekend top 100. Here’s a look at last week’s edition: CLICK HERE.
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RC, hope you’re feeling better. I like the look of RENN here & am interested in you’re take…?
thanks Uncle. Fever has subsided, now I’m left with a headache from hell.
THe weekly chart on RENN looks excellent, but I think we have earnings coming up in a few days. Still, I think there might be a trade in there. Will keep it on watch here. Thx
Also, check out SINA flagging above 50 day, we took some of that late last week inside 12631.
Thanks for this as always Rajin. Especially if you’re under the weather. You’re committed that’s for sure. Yes SINA was damn good to us last week. Banked good coin w it. May be good again this week for a bit more. (Don’t have chart in front of me now). As a heads up RENN is a notorious daily trader’s stock. It’s an unfortunate position to get into once it happens to a particular company and hard to come out of. The only thing that seems to break stocks out of being these deadly traders stocks is big institutional money coming in and staying in — ie a much higher price and much higher volume. In the meantime — in other words regardless of technicals or fundamentals a certain breed of sly characters use it daily to buy loads of and immediately dump. Hence it’s high volatility and refusal to move from its range. Great play IF you know the game AND you’re in at the right time and prepared to bail quickly. But a beast if you’re buying for it to go up and stay up or even go up very high. There’re more than a few of these. FU. OIBR. HIMX. All come to mind. RENN just happens to be one. If you do dip in be prepared to jump out with a tight stop at a moments notice. At least until it gets out of this situation. Of course this is just my humble opinion.
RC – thank you, my fellow. Will scope SINA for sure. Keep hanging in there…
What do you think of $FNMA chart?
I sold my shares last week, If long u may want to hold, but hard to enter up here.