NickCoulby
Long

All Aboard Comstock

NYSE:CRK   COMSTOCK RESOURCES INC
After a 2 month pullback Comstock is ready to breakout, with running room until the $33 mark. Coming off a solid foundation of lengthy indecision, momentum indicators suggest the bulls have now taken the baton. A rising RSI , rising MACD with a recent crossover (both look solid on a weekly basis too), riding major MA's, and an upper BB begging for more action. On a relative basis Comstock is putting in higher highs as well, a snap of the blue line and the September 30 calls are mine.

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