1 tier trade - Accurate in directionAccuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
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About Ring Energy, Inc
Sector
Energy Minerals
Industry
Integrated Oil
CEO
Paul D. McKinney
Website
ringenergy.com
Headquarters
The Woodlands
Employees
98
Founded
2004
ISIN
US76680V1089
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 are 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 headquartered in The Woodlands, TX.
Playing OIL Price Rise with Oil Stocks Oir price rise and confirming chart pattern makes it a highly probable trade with >70% profit target
REI short term swing opportunity break over upper resistance Ring Energy stock price broke through upper channel resistance line on a decent volume. Target short term opportunity price is $3.56 ( the width of the channel at the break point - very classical pattern) which also coincide with 50% Fab level AMEX:REI
REI New 52 Week High*REI made a New 52 Week High
*6 Month Long Base
*Price above 200DMA
*Volume picking up
*Measured target for this move 6.30$
Trade like Livermore, buy at the pivotal point7 out of 5 star pivot point setup.
I should have entered this on Friday but I missed it. Its a 5 star setup. Put your stop super tight and generate r for yourself
Ring Energy, Inc. (REI) bullish momentumWith the energy sector booming i`ve drawn a continuation candle pattern to what i consider to be REI`s price target, the $4.11 resistance.
Looking forward to read your opinion about it.
REI - 100 bagger long idea First time doing this so give me a break - XLE sector breaking out so I focused on a sector sympathy play - leap calls might be a great idea. Shares are more manageable
REI is flaggingAMEX:REI is flagging nicely after it broke out of the head and shoulders pattern. Long the breakout, anticipated price action and targets are shown on the chart stop daily close below 3.6$.
Hit the like button please if you find this useful :)
This is only my own view and not financial advice, do y
REIREI formed a big double bottom and it also kind of formed an inverted head and shoulders pattern as well. It broke the neckline and is currently testing the second resistance line at $4.01. I think it may pull back to support around $3.30 before it moves up again. My alert is set for $4.20. Add to y
REI: Ascending Triangle (80%)Little update on my previous REI chart.
Increased the target by 2%
Ascending Triangle (80%). Not confirmed. Must break through 3.35$ resistance first.
If confirmed:
Price target = 6.11$
Stay humble, have fun, make money!
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
