MishaSuvorov

RRC bearish hammer on daily bearish candle below 10 EMA

Short
NYSE:RRC   Range Resources Corporation
Nice consolidation at point of control after bearish hammer and first bear candle closing below 10 EMA.

If we break down expect a nice downward impulse.
Trade active:
Took 25% at MA 100, moved stop above last strong bearish candle since market is in indecision, set another 25% target at MA 200 and will run the rest to the end.
Trade closed: target reached:
Closed at stop in profit

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