This is purely technical the fundamentals within the sector remain weak, and the only positive is the high short interest which could help fuel the a rally.
Short interest 11.57%
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN .
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