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We missed the first huge run that ???? made not too long ago. But now that price has consolidated forming a great looking symmetrical triangle pattern i think this presents a great opportunity for round 2 in the stock as energy stocks remain strong along with new estimates that OIL could reach $200/barrel. I want to go long this stock Wednesday in anticipation of the breakout and further bull run .
???? made a significant run in April with increased volume along with the largest amount of volume spiked today which is a bullish sign. Although price failed to pull through on the breakout today. I think we could suspect a little bit more consolidation from here and a breakout above todays high of 1.25 should resuslt in a strong upside move for us to capitalize on. I want to go long this stock on a breakout above 1.25
Technical Analysis:
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