TradersForecast
Short

RRC Analysis based on my proprietary indicators

NYSE:RRC   RANGE RESOURCES CORP
My proprietary indicators look bearish:
  • the blue and red lines are below 0, orange area as well
  • the purple line reached a high and I expect it come back down (and the price along with it)
  • the red line in the lower pane is trending down (however, it didn't cross 0 line which is a potential concern)
  • the green area there is trending down as well (also, not under 0 but not as much of a concern as it shows a mid-term trend and it's slower to change course)

Conclusion: I expect the price to fall in this coming week. Sell short (or buy puts). You can get free signals for what I trade, when I trade itin my Telegram channel (see my profile for the link) or Discord server (link in my Telegram channel description).

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DISCLAIMER: Security trading involves substantial risk of loss. My analysis is not trading advice. Do your own research first and/or consult a financial advisor. I'm not responsible for any losses you may incur following my analysis.
Trade closed manually: Price on chart is 6.01. Closed today at 5.99 so 0.02 profit.
Want to know more, free signals, what I'm trading and when I'm trading it? Last week's predictions 92% accurate and 13.6 profit factor--verifiable! Join free https://discord.gg/wDTkRnS (also interesting discussions) or https://t.me/TradersForecast.

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