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 Â of price consolidation.