This stock has beat earnings for the last year. It's had a good run but it's without the volume to suppor the move. Plus, it has a small market cap.
Monthly energy is appoarching exhausted levels. Weekly and daily energy are both exhausted. It's following a similar pattern to March this year where it went parabolic then retraced heavily although at least that moved was backed by increased volume.
I'm going to chalk this up as a win, although it ended up breaking out to the upside and has now traced by about 50% using a FIB from the most recent high. I've opened an initial position at 10.16 I'll scale into the position as it nears the swing test from March 2022 and the 61.8% retracement