Notes/Thoughts: * Strong up trend in the recent years * Okay earnings with growth expectation * Closed just above resistance of $9.07 * During the consolidation from March 23, 2022 the volume was decreasing; now it's increasing and back above the average * A high Relative Strength along with the high UD Ratio shows this may be ready to move higher.
Technicals: * Sector: Energy - Oil & Gas E&P * Relative Strength vs. Sector: 1.79 * Relative Strength vs. SP500: 11.04 * U/D Ratio: 1.68 * Base Depth: 21.26% * Distance from breakout buy point: 0.11% * Volume 6.71% above its 15 day average.
Trade Idea: * You can enter now as the price is just above the broken resistance * The entry now is providing a good risk/reward ratio * Manage risk according to your tolerance
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If you missed the initial entry, VIST printed a Pocket Pivot yesterday that you may be able to still play.