REI - Ring Energy, Inc - Looking to do Moonshots very soon
TA on REI. This ticker is primed for massive upwards price movement. This is based off just the TA alone, and nothing else. It's respecting MAs as support and resistance. It also just hit it's reversal in November '20, from a long multi-year downtrend. It recently rejected at a historical resistance point and curling up to retest again. RSI is showing bullish sentiment, which is confirmed through price movement on the Daily and Weekly timeframes. I personally will be looking to play December call options on this one, to maximize return. I'm neither an investment or financial advisor, but this is how I'm going to approach this one. I hope to see some good returns for you all on this one. Happy Trading.
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