PXD

Long on brake_out. ( price 210.52)

3/9/2012 50 sma Weekly support, multiple visits, held support at 4 trend_line, ascending triangle.
MACD crossover(daily), RSI(daily) channel brake_out.
Double top pattern, measured target reached.
3 resistance at 38.2%.

Braking downtrend_line, 50 sma. potential IHS. ( WW 5 wave / low prop).

EPS 1.35 vs 1.26
52wk Range: 163.90 - 234.60

Target_1 : 216.85 ( on the look_out for WW 5 + reversal - low prob.)
Target_2 : 226.08 ( E Wave 3 )