REN looks ready for next leg upWe've been waiting patiently for REN to finish consolidating after its impressive rally last year.
The breakout on volume off of a .618 tag on bullish divergence looks very promising.
OBV is trending up, nearing highs.
If we get a close above $.38 on the daily, that's fresh bullish market structure and we'd expect this leg to take price up into the fib extension levels drawn off previous rally pivots.