RING ENERGY INC

REI NYSE ARCA & MKT

katblat

One of my favorite plays. Could occur today. My screener told me to enter last week. I took a small position that is up 3%. Let's see what it does.

Anjo1026

Had a good entry after spotting oversold RSI, un-entangled MAs with good position of 15, 21, 50 and 200 MAs, a a good shooting start SOR. I'm watching this all-day today. If it breaks the resistance 2.84, I am seeing 2.91 as first selling point. Nonetheless, oil prices are increasing sooooo I may hold this further than just this week :D

ALHUSSAINAA

above 2.06 is targeting 3.60 as target of double bottom going through resistance of 3.31 as I see it Not Financial Advice or Recommendation But an idea

AlenCiken

A Texas oil company that’s been the subject of social media speculation in recent weeks is seeing an explosion in trading of out-of-the-money call options, indicating retail traders are betting on another big jump in the shares. Ring Energy Inc. is an industry minnow, selling an average of almost 9,500 barrels of oil in the third quarter. It shares have doubled...

FleurdelisFX

$4.19 is a good target

Lauran_Elizalde

-W1 oblique resistance broken -W1 double bottom -W1 RSI divergence and neutrality zone broken -BIG volumes Wait an H4 retracement before buying in order to have a good timing, you can buy it at all Fibbonacci retracement levels. But i personally prefer to buy it in the 68.1% retracement in order to have a good risk ratio reward ratio. Weekly chart :...

LeLaf

Bullish Pennant Pros: Descending volume during formation Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 7 200MA ascending, but barely Cons: 250RSI below 50 Target: PT = 3.68$

RayBorn123

Golden Cross is forming on the daily, MACD indicates the bullish trend will continue. Unusual option calls are also found

shkspr

AMEX:REI Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100% * I feel this has too much potential, be cautious it has a gap 2 days ago. I put 30% of my money in it.

InvestPsycho

Huge call vol to 5$... I think we can see another short squeeze.

ai-bots-trade

REI has kept strong on its support line and looks to be in a long bullish trend. Yesterdays volume is larger than that of the last breakout, the momentum looks to be bouncing off its support as well, we think today's down candle is a temporary dip and are going LONG.

Jicka

this chart looks very nice, RSI breakout, just above its 50DMA and all on huge volume. Looks like their revenue is trending up yoy nicely too.

Hosselo

Keep SL tight

PennyStock101

Ring Energy, Inc. is an oil and gas exploration company which engages in oil and natural gas acquisition, exploration, development and production activities. The firm's areas of operation situated in the Permian Basin; the Central Basin Platform and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is...

PennyStock101

Ring Energy, Inc. is an oil and gas exploration company which engages in oil and natural gas acquisition, exploration, development and production activities. The firm's areas of operation situated in the Permian Basin; the Central Basin Platform and the Delaware Basin. The company was founded by Lloyd T. Rochford and Stanley M. McCabe on July 30, 2004 and is...

jlin53

Short term if break out fail at the MA and ichimoku cloud, will drop and re-test local low. It might be best to look out for this month's US oil inventory number.

powdah

$3.28 is at the 0.618 mark of wave 1 length for wave 5, next area of support is in the $1.20s... RSI already been in oversold for awhile with possible bullish formation of bullish divergence (higher low on RSI with lower lower in price). Morning star forming on weekly chart (wait for Friday close), hammer on daily on 6/19. Strong rating on E trade with "strong...

fullcount

Setting up for a possible break here.