PTO

IDC potential play / testing the strategy /

Long
NYSE:ICD   Independence Contract Drilling, Inc.
Hello Community,

First of all I know that trading energy stocks now is risky and its sector that got hit by current crises hard . But if you look in to people going back to work etc.. These stocks and I'm talking about a lot of them are on the bottom. Many of them filing for chapter 11 as well .
Its definitely tricky play but testing this on some data info that I'm putting to test ,
Earning report coming out soon on this ...
There is strong possibility that we will see Bear attack tomorrow on this but we all know what short squeeze is and what it dose to price move,
Will see how strong are holders here ,

Volume 2.2M
MC 18.1
Float 10M
RVOL 3.0 ......!

I THINK BRAKE ABOVE CURRENT HIGH !! (ONLY) CAN SEND THIS TO THE TARGETS ON THE CHART .
RSI needs to brake 61 .. and stay there . I'm expecting $1 jump
See you next time ,.
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