Range Resources Corp is in the exploration and production of 
USO and UNG in the US.
It was recentlty feature in IBD and got me interested because its good looking cup & handle. Today managed to breakout with a gap. This gap should act as resistance.
As the market still needs to prove itself, I won't buy this breakout but the breakout from today's high with a stop loss just below yesterday's high. This strategy is called Explosion Gap Pivot. It uses the gap range as support.
USO and UNG in the US.It was recentlty feature in IBD and got me interested because its good looking cup & handle. Today managed to breakout with a gap. This gap should act as resistance.
As the market still needs to prove itself, I won't buy this breakout but the breakout from today's high with a stop loss just below yesterday's high. This strategy is called Explosion Gap Pivot. It uses the gap range as support.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.