I think the chart will explain itself but here goes.
- Everytime the RSI gives us a Hidden Bullish Indicator, the stock runs far and in a short period (65%-180%)
- After the run up, stock retraces to the golden pocket before starting up again
- Major Trendline Support (can be used as a stop loss)
- Oil is one of the few sectors that have escaped this 3 week bearish market
- VPVR showing lots of Volume in this price range
Trade active:
Finally starting to lift off.