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LeLaf

REI: Bullish Pennant

Long
Ring Energy, Inc. (AMEX:REI)  
LeLaf  
AMEX:REI   Ring Energy, Inc.
Technical Indicators Chart Patterns Trend Analysis
3
3
indicator chartpattern trendanalysis
Bullish Pennant
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
200MA ascending, but barely
Cons:
250RSI below 50

Target:
PT = 3.68$

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