Going to be paying very close attention to this one on monday for a nice price drop to a lower buy in level before it decides to make another run to contest previous highs or if not to just complete a price range cycle.
Inverse Head & Shoulders chart pattern.
Not an advise to either buy or sell, below are my expectations for the stock. Buying at $7.73 Stop loss at $5.90 Take profit at $9.96 Goodluck!
After recapturing its 200 DMA in early Spring (March), the shares of SELECT ENERGY SERVICES INC - NYSE:WTTR have been trading in a narrow range working on its right-side as we can observe in the Daily chart above. While the stock has made no real progress recently and continues to trade range-bound, WTTR nevertheless remains in decent technical shape trading...