How Analysts Feel About Regalwood Global Energy Ltd. (RWGE) After Forming Double Top Chart Pattern?

June 18, 2018 - By Adrian Erickson

The chart of Regalwood Global Energy Ltd. (RWGE) shows a double top with $10.61 target or 9.00 % above today’s $9.73 share price. The 9 months chart pattern indicates low risk for the $ company. It was reported on Jun, 18 by If the $10.61 price target is reached, the company will be worth $ more. Double tops are rare but powerful chart patterns.

The stock decreased 0.10% or $0.01 during the last trading session, reaching $9.73. About 651,921 shares traded or 670.68% up from the average. Regalwood Global Energy Ltd. (NYSE:RWGE) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Regalwood Global Energy Ltd., a blank check company, intends to identify, acquire, and operate a business in the energy industry. The company has market cap of $. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It currently has negative earnings.

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