Matt_Feda
Long

$PDS (Bullish) - Break above Consolidation Wedge, MA Crossovers

NYSE:PDS   PRECISION DRILLING CORP
161 0 0
- Rising Wedge Formation w/ major resistance @ $9.33
- SMA (100,200) Crossover on weekly chart
- Resistance Level is @ the 50% retracement from the previous high/low
- First Price Target @ $11.16
- Second Price Target @ $12.82
- Sharp recovery of last weekly candle to finish above key moving averages.
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