AMEX:REI   Ring Energy, Inc.
REI formed a big double bottom and it also kind of formed an inverted head and shoulders pattern as well. It broke the neckline and is currently testing the second resistance line at $4.01. I think it may pull back to support around $3.30 before it moves up again. My alert is set for $4.20. Add to your watchlist and monitor the price action. I think in the long term it can reach $17 to $19 . I arrived at that price range by measuring the bottom of the head to the neckline.
Feragatname

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