This junk low floater can move if volume flows. Don't buy because of the company as it sucks worse than your in-laws. Just a chart play here. Breaking out above 4.50 resistance. Has room into the 5's. I'm long for a hit and run.
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RCON - Recon Technology
This junk low floater can move if volume flows. Don't buy because of the company as it sucks worse than your in-laws. Just a chart play here. Breaking out above 4.50 resistance. Has room into the 5's. I'm long for a hit and run.
RCON.jpg
Back on watch this morning. Has been slowly creeping up without me, but will be watching for new entry, especially if volume comes into play off the news and we see a resistance breakout through 5.
RCON.jpg
5.50 quick target as first post shows next level which is still intact and then mid 6's could be possible depending on time-frame, using the 5 as risk guide once it sticks. More on twitter if I take a position.
No, I bailed on this last week when 4.50 b/o didn't hold.
