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Looking at the 5yr the move up is literally just a matter of time. The near term activity and F.A support this. Oil looks to be correcting in the short term before retesting $70 / Barrel.
Cup and handle played out over 5 years. Looks pretty good to me. Has been sitting unloved for 12 months time to wake up and shake off some cobwebs with a new farm-out partner...
Watchlist
Base slowly forming
Ascending triangle pattern
Short term and medium term EMA beginning to tighten
Decent volumes
Watch the 11.5/12c level for a break
