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Range Resources Ltd Share Chat (RRL)



Share Price: 0.56Bid: 0.54Ask: 0.56Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.02Spread as %: 3.70%Open: 0.56High: 0.56Low: 0.56Yesterday’s Close: 0.56



Share Discussion for Range Res. (RRL)


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Celticheart
Posts: 7,349
Observation
Opinion:Strong Buy
Price:0.71
A more realistic chart view
15 Jun '15
Let's have a proper look at this chart posted by Salt Dome. It is in fact two charts with a breakat December 11

Despite the retrace MACD has remained strong as has the Parabolic SAR The RSI is still positive although it has dropped form the initial surge on ret-rading. Volume has dropped making the sp more volatile on the predictable Lind sell off. Like I said traders like SaltDome want you to believe the worst it is how they function and they can see this will recover they just want a cheap buy in first or am I wrong, are they just here doing charitable work on your behalf?You decide!

http://i1301.photobucket.com/albums/ag109/Celticheartinvestor/Range%20chart_zpsxzkzlbxt.jpg
 
SaltDome
Posts: 627
Off Topic
Opinion:No Opinion
Price:0.71
View Thread (2)
Chart - Daily
15 Jun '15
very bearish and not looking good, SP has not even reach the bottom side of the Bollinger bands. Even though the Para SAR had been positive throughout the fall, it sill falls.
http://oi57.tinypic.com/wsr2tz.jpg
Celticheart
Posts: 7,349
Observation
Opinion:No Opinion
Price:0.70
View Thread (3)
Lind shares
15 Jun '15
Lind were always going to offload their remaining collateral shares in case the court case finds against them, with only 23 million to offload if it is them dumping the 1.4 million blocks they will be cleared out soon. Ignore the obvious traders who want this to drop so they can make a quick profit at your expense
SaltDome
Posts: 627
Off Topic
Opinion:No Opinion
Price:0.70
SP...
15 Jun '15
...Just a matter of time before 0.70 is breached only to become resistance as the sp continues to live up to expectations...
lewisycymoedd
Posts: 3,006
Off Topic
Opinion:No Opinion
Price:0.75
Bailing out
15 Jun '15
Seems to be a lot of bailing out from our companion company drilling in Trinidad - not LO but sounds similar. And cash being put on this horse perhaps. Worm turns?
Yuffspetpoodl
Posts: 587
Off Topic
Opinion:No Opinion
Price:0.75
View Thread (2)
RE: watp
15 Jun '15
Or trying to panick buyers.......lol
Whilst they dump in blocks of 1.4m, next stop below 0.7p
Celtic....so predictable tamping away to his heart's content.
By the time they have any meaningful production they'll have over 10 Bn shares........ouch
thetrancedude09
Posts: 294
Off Topic
Opinion:No Opinion
Price:0.75
consistant 1.4m being offloaded
15 Jun '15
4x so far this morning.....
Richthedealer
Posts: 62
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.75
Mr Chen is in to win.
15 Jun '15
I'm showing faith, I believe that Mr Chen is the right chap for the job and he's focused on what needs to be done. Come on, think about this, his mates are in, he's in, he knows he needs to turn it round. All the steps so far have been required to get us to the break even stage. I can see 2000 BOPD coming soon. LO are drilling like crazy and new projects still in the pipeline. Ignore the background noise movement in the share price because it's going to happen. My advice stop reading the negative posts here, their just shorting the share with posting rubbish. I see can see a serious upside o 5.9p when this hits, it will be a big surprise.
thetrancedude09
Posts: 294
Off Topic
Opinion:No Opinion
Price:0.75
View Thread (2)
watp
15 Jun '15
agree but already seen 3 or 4 times already this morning ask has jumped to 1p then straight back down.

to be honest think its just mm's trying to stir up a market as things a bit quiet...think its going to be a slow day...
watp1
Posts: 1,172
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.75
Trance dude
15 Jun '15
See that they could flip the book here fast tho. Gl





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