Bullishcharts

Range Resources trade setup

Long
NYSE:RRC   Range Resources Corporation
Entry level $4.69 = Target price $5.38 = Stop loss $4.47
Fundamentals have not improved much but the stock is technically looking somewhat bullish.
Whether it be a dead cat bounce or a true reversal a nice trading opportunity within the current channel presents itself.
The 33% short interest will add furl to the rally.



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