broke the horizontal resistance on Friday and have been in an uptrend since almost the start of this year. Even with very recent pull back in the oil
services (energy) sector this name has been showing good relative strength
curled up and is rising, RSI
is rising and not close to overbought. Above all the moving averages is also a big plus if you are a bull
. On a weekly the immediate resistance can be anywhere between 17-18. Can go long with a good R/R here with a stop under Friday's low.