Get started
AleksandrTeplitskiy

REI short term swing opportunity break over upper resistance

Long
Ring Energy, Inc. (AMEX:REI)  
AleksandrTeplitskiy  
AMEX:REI   Ring Energy, Inc.
Parallel Channel Energy Commodities swing LONG
2
0
parallelchannel energy swing long
Ring Energy stock price broke through upper channel resistance line on a decent volume. Target short term opportunity price is $3.56 ( the width of the channel at the break point - very classical pattern) which also coincide with 50% Fab level REI
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.