RRC - Another energy breakout (long)

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Range Resources Corporation (NYSE:RRC)

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NYSE:RRC Range Resources Corporation

RRC is a name that came to my attention due to the massive rounds of insider buying that the stock has seen in March. Now in fact this stock has clearly broken out to the upside and would be a good buy on a retest of the broken trendline.

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29th April 2020 - RRC at $6. This idea has returned 37% thus far

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1st May 2020 - The ROI on this idea is 46% as of today

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8th June 2020 - RRC at $8.12. A return of 83% on this trade.

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24th October 2020 - 106% return on this investment

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