RightNow Technologies (RNOW) : Bullish indicators

RNOW has a nice little rally for the past 2 days.

1. On the daily chart, it scored another new high for the year; breaking through $12 on high volume

2. We can also see that the leading kumo is shifting its gear and going to trend up even more; a sign that the momentum is gaining.

2009Jul-Rightnow Technologies Inc-800x600

3. On the Weekly Chart, it has break through the kumo resistance, and is now sitting on top of a very thick kumo; a sign of support.

2009Jul-Rightnow Technologies Inc-800x600_Weekly

Related posts:

  1. RightNow Technologies (RNOW) : A Daily Chart Review
  2. RightNow Technologies (RNOW) : Q3 Beat Estimates, Will Break 52 Week High
  3. RightNow Technologies (RNOW) : Setting New High on the Ichimoku chart
  4. RightNow Technologies (RNOW) : Consolidation
  5. RightNow (RNOW): Cleared resistance with high volume