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Range Resources Ltd Share Chat (RRL)



Share Price: 0.33Bid: 0.30Ask: 0.36Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.06Spread as %: 20.00%Open: 0.33High: 0.00Low: 0.00Yesterday’s Close: 0.33


Share Discussion for Range Resources Ltd


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OMADAWN
Posts: 1,602
Off Topic
Opinion:No Opinion
Price:0.32
RE: SP up to 0.37p *
10 Mar '16
I'm still on for 0.4p with the accounts next week. A strong balance sheet a low cost extraction for water flood and rising margins.
 
bountyman
Posts: 1,455
Off Topic
Opinion:No Opinion
Price:0.32
RE: SP up to 0.37p *
10 Mar '16
Apologies, sent early.

This is from a low base as seems ASX has a lot less movement than our UK listing due to the rounding of the Aussie dollar and generally lower volumes.

Nice to see it catching up.

Good news around the corner?

If WTI holds $38 the next stop could be $43.

KRO
bountyman
Posts: 1,455
Off Topic
Opinion:No Opinion
Price:0.32
SP up to 0.37p *
10 Mar '16
On ASX
petebo
Posts: 1,625
Off Topic
Opinion:No Opinion
Price:0.32
View Thread (2)
Oilspill.
10 Mar '16
Are you going tp post your Gartley pattern or are you following in the footstepds of a poster called Saltdome who posted on his TA but in reality just posied tosh because he never knew anything about TA.

Simple case of put up or shut up!!
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.32
Range Resources ASX
10 Mar '16
Stock is showing up 40% on the aussie market at the present moment, lets hope we get a decent open tomorrow and trade, break & close above 0.45p.
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.32
View Thread (3)
Trading the news & views of oth..
10 Mar '16
Never a good idea... Fundamentals and purchase price are key if you're a long term value investor & trends/price action for the short term investor.
Major news has the ability to move markets one way or the other like war, significant monetary & fiscal policy changes but views and opinions do little to move markets. Follow trends not peoples views.
Scare tactics, doom & gloom views & opinions and also overly optimistic baseless bullish views are common place in the media and appears in forums such as these.
Cripling cake & spilt milk (apologies, oil) are classic examples.
OilSpill
Posts: 396
Off Topic
Opinion:No Opinion
Price:0.32
Stocks Bear Market Rally End
9 Mar '16
Stocks Bear Market Rally End It’s Close… very close
The biggest rallies occur in bear markets and equities have had an impressive run after leaving behind a double-bottom in January and February - but the “end is near”. In election years, March is a seasonally strong month for equities but this year, the March rally got started early in the first half of February. Several signs point to a top either last Friday or sometime this week.

http://www.marketoracle.co.uk/Article54349.html
OilSpill
Posts: 396
Off Topic
Opinion:No Opinion
Price:0.32
RE: Bear market rally...
9 Mar '16
The market rally is finally taking off after a dismal start to 2016. Investors seem to be buying into the notion that the risk of recession has greatly receded.

But I'm not so sure that the big rally everyone has been waiting for is finally here.

It may just be one of the biggest short-covering rallies of all time......
http://www.cnbc.com/2016/03/07/is-this-the-big-stock-market-rally-not-so-fast-commentary.html
OilSpill
Posts: 396
Off Topic
Opinion:No Opinion
Price:0.32
Bear market rally...
9 Mar '16
What To Expect From This Bear Market Rally...
Stocks rallied for the third straight week in what appears to be a classic bear market rally. Investors should count their good luck and use higher prices as an opportunity to reduce equity exposure or hedge stocks they don't want to sell.

The Dow Jones Industrial Average jumped by 367 points or 2.2% to 17,006.77 while the S&P 500 rose by 52 points or 2.7% to 1999.99. The Nasdaq Composite Index rose 2.8% to 4717.02. The major averages have gained about 10% since their February lows, giving investors hope that the worst is over.

I do not believe it is. Despite some moderately positive economic news last week, the global economy remains depressed and the prospects for significantly higher stock prices are low. Let me explain.
http://moneymorning.com/2016/03/06/what-to-expect-from-this-bear-market-rally/
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.32
Caught in the middle...
9 Mar '16
Look for above 6250 on the FTSE 100 for a continued bullish trend or below 6050 for a pull back in stocks.
FTSE 100 currently trading around 6150.
Suggest holding on to positions until we break either way.
My view is that we will break to the upside this week assuming Draghi does not disappoint markets on QE.




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