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Range Resources Ltd Share Chat (RRL)



Share Price: 1.90Bid: 1.80Ask: 2.20Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.40Spread as %: 22.22%Open: 0.00High: 0.00Low: 0.00Yesterday’s Close: 1.90



Share Discussion for Range Res. (RRL)


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LordSnooty
Posts: 4,140
Off Topic
Opinion:No Opinion
Price:2.21
Charts
11 Jul '14
schmarts! I'm sticking to my octopus.
 
Celticheart
Posts: 5,160
Observation
Opinion:Strong Buy
Price:2.21
View Thread (2)
DoubleDown
11 Jul '14
Perhaps this chart will give you a clearer view that the 200 EMA is in fact on the rise: ) GL

http://i1301.photobucket.com/albums/ag109/Celticheartinvestor/200EMA_zps6e234fc7.jpg
Celticheart
Posts: 5,160
Observation
Opinion:Strong Buy
Price:2.21
Rexco / DoubleDown
11 Jul '14
First of all we have not yet made the Golden Cross although it is very close s your point does not apply Rexco. For DoubleDown the 200 EMA is not falling it has been running level for a while but has now risen above the 1.5 mark so it is likely that when the Golden Cross forms both averages will be rising.

It matters not to me who believes or does not believe in charting, the Japanese traders who created these charts in the 18th century knew what they were doing and it made them very wealthy indeed, check it out, it is all on record both in the Osaka Rice market and the Tokyo markets.
LordSnooty
Posts: 4,140
Off Topic
Opinion:No Opinion
Price:2.19
Clearly
11 Jul '14
someone believes news is very imminent, hence these repeated sweepings-up of shares towards the close. Whether 'they' know any more than anyone else about the sale of assets and their timetable is moot however....still, a nice strong finish for a Friday.
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:2.15
2.21 mid close
11 Jul '14
2.2/2.22
DoubleDown
Posts: 50
Off Topic
Opinion:No Opinion
Price:2.15
View Thread (2)
RE: Re: DoubleDown
11 Jul '14
As far as i recall, its only a 'real' golden cross when both Averages are rising, AFAIK the 200 day is still falling?
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:2.15
another good week.
11 Jul '14
Nice bit of buying into close. 2.22 being paid which pleases me as it is the level I topped up earlier!
Rexco
Posts: 2,472
Off Topic
Opinion:No Opinion
Price:2.15
All the traders are selling?
11 Jul '14
What are all these sales going through? hardly the sign of a Golden Cross. They don't know what there doing. HAHAHA
Rexco
Posts: 2,472
Observation
Opinion:Strong Buy
Price:2.15
View Thread (2)
Re: DoubleDown
11 Jul '14
So Celtic what you are saying is that despite the Golden Cross being the optimum sign for traders it has had no effect whatsoever on RRL trading which is down today even as the Golden Cross is being made.

Isn't this proof positive that RTN has been right all along when he says these tech traders are talking rubbish. If they were right this share would be sky rocketing.
JDwag
Posts: 1,483
Off Topic
Opinion:No Opinion
Price:2.19
View Thread (2)
RE: forget the number of shares
11 Jul '14
Not to mention when they shift the non core assets they will probably commence a buy back of shares as spoke about on here.

JD



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