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Range Resources Ltd Share Chat (RRL)



Share Price: 0.475Bid: 0.46Ask: 0.49Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.03Spread as %: 6.52%Open: 0.46High: 0.50Low: 0.46Yesterday’s Close: 0.475


Share Discussion for Range Resources Ltd


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renner66
Posts: 57
Off Topic
Opinion:No Opinion
Price:0.385
price fluctuation
9 Mar '16
Does anyone know why the price goes up after hours . Then goes back down again the next morning but still shows the high price the last 2 days have finished after hours at near .40 today its showing .34 and yet also shows .385 seems confusing to me can anyone explain it

cheers
 
renner66
Posts: 57
Off Topic
Opinion:No Opinion
Price:0.385
price fluctuation
9 Mar '16
Does anyone know why the price goes up after hours . Then goes back down again the next morning but still shows the high price the last 2 days have finished after hours at near .40 today its showing .34 and yet also shows .385 seems confusing to me can anyone explain it

cheers
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.385
One pattern?
9 Mar '16
I can draw up at least 10 patterns showing a bullish move.
Truth is you can draw up data and cut it whichever way you want it, to make the right trading moves you have to be objective or your just kidding yourself into losses.
Reaching a three month high like this stock and WTI crude did yesterday for me is not a bearish move.
petebo
Posts: 1,601
Off Topic
Opinion:No Opinion
Price:0.385
Oilspill
9 Mar '16
Grateful if you could post up your Gartley pattern. Never really looked at that before. Cheers
Celticheart
Posts: 9,493
Observation
Opinion:No Opinion
Price:0.385
Gartley pattern
9 Mar '16
For the record here is a more in depth explanation of the Gartley TA pattern:

http://www.investopedia.com/terms/g/gartley.asp?layout=orig
OilSpill
Posts: 363
Off Topic
Opinion:No Opinion
Price:0.385
RE: Spillage oil chart
9 Mar '16
now with that lickle task out of the way I can concentrate on the oil & RRL sp movements..

good luck all.
Celticheart
Posts: 9,493
Observation
Opinion:No Opinion
Price:0.385
Gartley pattern
9 Mar '16
Well it would be good to actually get the term right it is a "Gartley" Pattern and is a derivative of the Fibonacci number sequence retracement. Seeing as this complex pattern is based on a 61.8% Fib retracement I think we can safely say that Oil is not in that position right now.
OilSpill
Posts: 363
Off Topic
Opinion:No Opinion
Price:0.385
RE: Spillage oil chart
9 Mar '16
munster, this TA is obviously going over your head and whilst I appreciate the learning curve you are currently facing I can go as slow as the slowest in the class but I cannot stop as that is just so unfair on me; therefore with this in mind I have decided to use the filter as it is for your own good.....

good luck..
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.385
Spillage oil chart
9 Mar '16
I have no idea what a 'gatley' pattern is never heard of it and never used it - IF it was such a useful and reliable chart pattern im sure many of us would have heard of it and utilised it.
Simply put, when price reaches YTD highs & 3 month highs (like it did yesterday) you cant be very bright to be calling that a bearish move.
Sorry but true.
Talk to us about your gatley chart pattern, how is us drawn up and what does it tell us about price action?
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.385
Spillage oil chart
9 Mar '16
Since when was a 40% rise in oil price a 'small increase'
Lol
WTI back above $37 and Brent comfortably holding over $40
One day of declines in nearly three weeks and we're in a bearish patteren?
Funny guy!




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