RGR back in da BUY ZONERGR has been a real undervalued gem in 2021. We NAILED the entry back in January, and I think this stock is getting ready to move again. The $70-75 area is a great value buy zone, with earnings just around the corner. It's sitting just above the .618, with some MACD divergence. With a 1.5%~ dividend yield this is a strong value. I am long via shares and the Aug 20th 80C from $1.55.
RGR
RGR- Long at the break of 59.65RGR had some beautiful move recently with good volume. It looks like a fallen angel pattern. EMA lines crossed upward & moneyflow is accumulating.
If it can cross above MA50 & moneyflow breaks to the positive side, it can easily go to 64 or higher
You can check our detailed analysis on RGR in the trading room/ Executive summary link here-
www.screencast.com
Time Span: 43:20"
Trade Status: Pending