AMEX:REI   Ring Energy, Inc.
REI formed a big double bottom and it also kind of formed an inverted head and shoulders pattern as well. It broke the neckline and is currently testing the second resistance line at $4.01. I think it may pull back to support around $3.30 before it moves up again. My alert is set for $4.20. Add to your watchlist and monitor the price action. I think in the long term it can reach $17 to $19 . I arrived at that price range by measuring the bottom of the head to the neckline.
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.