RightNow Technologies (RNOW) is setting new high on the Ichimoku chart.
We can see 3 bullish indicators align:
- Chikou Span cuts through price level with no resistance ahead
- Tenkan sen cuts Kijun sen above the kumo cloud ( a strong bullish signal; and this comes after a small retrace)
- Leading kumo is twisting and suggesting an upward trend after a short period of price consolidation.
Vested.
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