Looking like RIG is setting up for a Cup & Handle breakout. I'm thinking a $1-$2 pop in the near term.
Positives: Volume has been higher than usual over the last few months. Hidden Bullish Divergence Accumulation/Distribution Quantity Rising 50 MA crossed 200 MA Support on 50 MA
Negatives: Heavy Resistance Line in Red Oil is a Dying Sector
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First target reached. Will start loading up for the next one during the cool off.