FRTraders
Long

Looking for a solid bounce and quick run to $13.00

NYSE:RRC   RANGE RESOURCES CORP
After setting a solid double bottom , the stock has been trading sideways within the channel shown by the red lines.

A move above that yellow line on some decent volume and I think this makes a quick run to $13.00.

Bought some April $12.00 Calls to try and capitalize :)

Comments

bought lots of calls yest and last week. Just waiting for a pop to 14+ by year end. Highly undervalued and highy oversold
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