Tools

up coming oportunity

NYSE:RRC   RANGE RESOURCES CORP
3.71 is price to look . will see if and how we go there . area is very very strong reversal .....number with 10-20 times reward .

Comments

area is near .we mostly peak thru , common is to see bigger TF candle strongly thu - what is often then bought back (anomaly )
tp numbers may sound lol but they are 50-67 minimum is near 50.80 (often with 2. leg after resistance area fights new orders )
if we think about 50 and reward % near 3.71 . then 50/3.71=13.4
50/2.5=20 ........ thats how important is to buy peak on right moment ...
will RRC go back up? ......... thing is that it dont matter on reward outlook like that . And 50 is minimum , logical maximum is near 124 - no need to talk about it . 90% will jump out only with 50% return .... will see if area comes how we think then (sometimes we reverse without peaking x number .... then no buy ,sadly (rules are rules )
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out