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TOPIC: RRE - RockRose Energy

RRE - RockRose Energy 28 Sep 2018 18:03 #1

  • Trendfriend
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red rock energy - daily.

Could go a tad higher before a p/b, but from a technical perspective not a buy atm, unless you have soem osrt of fundamental insight the rsi is well over 80!!
and likely, at the very least to cool off a tad at some point soon.

i think look for a move towards the bottom of the channel to buy. This has only started trading with decent volume from around Feb 2018, so not much data to work of tbh....

atb, wdik, dyor,
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RRE - RockRose Energy 27 Sep 2018 03:36 #2

  • Paitech
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Hi TF et all,

Can you please provide your thoughts on this one please... Been waiting for a pull back to buy in...

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