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ReadyFor401k
Jun 5, 2021 6:36 AM

REI - Ring Energy, Inc - Looking to do Moonshots very soon Long

Ring Energy, Inc.Arca

Description

TA on REI. This ticker is primed for massive upwards price movement. This is based off just the TA alone, and nothing else. It's respecting MAs as support and resistance. It also just hit it's reversal in November '20, from a long multi-year downtrend. It recently rejected at a historical resistance point and curling up to retest again. RSI is showing bullish sentiment, which is confirmed through price movement on the Daily and Weekly timeframes. I personally will be looking to play December call options on this one, to maximize return. I'm neither an investment or financial advisor, but this is how I'm going to approach this one. I hope to see some good returns for you all on this one. Happy Trading.
Comments
SMFLORIDA
Thanks! Just happened to buy this one a few weeks ago. Looks like I chose well.
cautiousBear60307
Money Call!
SMFLORIDA
Have you looked at GTE?
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