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July 9, 2022, 11:47 a.m. EDT

Trend Tracker for Range Resources RRC

Jul 09, 2022 (Stock Traders Daily via COMTEX) -- Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Range Resources (NYS:RRC) with integrated risk controls.

The trading plans were valid at the time this was published, but the support and resistance levels for RRC change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

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Use the basic rules of Technical Analysis. Here are some examples: if RRC is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for RRC too. All of these are offered here: Access our Real Time Trading Plans

  • Buy RRC over 25.15 target 30.05 stop loss @ 25.08

  • Short RRC under 30.05, target 25.15, stop loss @ 30.14

  • Buy RRC over n/a, target n/a, Stop Loss @ 0

  • Short RRC near n/a, target n/a, Stop Loss @ 0.

  • Buy RRC over 25.66, target 26.42, Stop Loss @ 25.6

  • Short RRC near 25.66, target 25.15, Stop Loss @ 25.72.

RRC Technical Summary | Raw Data for the Trading Plans

Bias Weak Weak Strong
P1 0 0 25.15
P2 23.73 23.96 30.05
P3 25.66 26.42 35.19


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