Rentech RTK Stock Analysis 8/24/09 August 24, 2009

The following is technical analysis on Rentech, Inc. (RTK) stock for August 24, 2009

Rentech, Inc. (RTK) Support and Resistance Levels - 8/24/09

Resistance Levels: $2.33, $2.56, $2.93

Support Levels: $2.00, $1.82

Chart - http://stockcharts.com

Discuss Stocks - http://stockstobuy.org

Rentech, Inc. (RTK) stock has been on fire lately due to more Jet Fuel news. I like pullbacks under $2 as a buy with a stop at $1.81. I will also be buying when RTK breaks Friday's high of $2.33 as well as Thursday's high of $2.56. RTK is the ultimate momentum stock right now so keep it on your watch lists. Any additional positive news will send RTK shares soaring again.

For more Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free

Rentech RTK CEO on CNBC Tonight 8/18/09

Rentech, Inc. (RTK) CEO will be on CNBC tonight discussing the recent Jet Fuel news. Look for this interview to air on CNBC's Kudlow & Company at 7pm EST tonight - August 18, 2009.

I had the date wrong on this....but the post was written yesterday so most of you figured it out.

Basically the CEO beat around the bush about the price of the fuel....it was competitive to current prices of regular jet fuel. He also said they are not looking to sell the company. He looked a little unprepared and nervous but maybe it was just me.

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free