Since it appears RR only started trading publicly back in late 2023, I don’t have a lot of history in which to apply TA (technical analysis) However, I can say that both the 200-day MA’s & this uptrend line have been acting as support during this current uptrend in RR & will provide objective long entries on pullbacks to them, with stops somewhat below.

I don’t have a good read on the chart of FCG. It seems to trade pretty erratically & although from the description, one would think it would track nat gas prices very closely, there seems to be not only an on-off relationship with the two being positively correlated (to uncorrelated) but it seems it quite often flips from a tight positive correlation to an outright negative correlation… quite unlike GDX which trades in near lock-step with gold prices.

Here’s my daily (with UNG overlaid in white) as well as the weekly chart you requested. You can see FCG has been in a large sideways range since breaking that uptrend line off the 2020 lows, although there is a downtrend line, it is currently pushing up again that, if solidly taken out (ideally on a weekly closing basis), would trigger an objective long entry.

Thanks Randy. I too see a good chance for it to drop down to the 177 ish level where I will be a buyer. The drop might come in swift IMO after results.

ORCL backtesting the 200-ema so my guess (although my confidence isn’t high enough to bet it) would be the stock resumes the downtrend following earnings next week. This daily chart shows how well the 200-ema has acted as support & resistance in the past. Again, my confidence isn’t high enough to bet it, but should ORCL solidly regain the 200ema following earnings AND the broad market is still holding up, you could make a case to go long (or short if ORCL gets rejected off the 200ema post-earnings).