BillyStaples
Long

FANG ASCENDING BASE

NASDAQ:FANG   DIAMONDBACK ENERGY INC
35 3 0
Ascending base almost complete. $76.65 is the price to breakout.
Another strong day or two, and we can see a breakout.
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Broke out today. Look for retrace to resistance (turned support), then a climb from there.
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Technicals still look constructive and new investment flowed in on Friday. Could be a very nice week for FANG 6/16 - 6/20.
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