RRC Short Term

This analysis shows RRC in a bullish channel and following the Fibonacci replacement lines, right now it is slightly oversold and in my opinion worth the investment. I'm going in at $4.66 expecting it to go back up to at least $5. There is decent support at $4.31 and strong resistance at $5.75. Good luck investors and remember that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.