57p is an important resistance to break 50% fibs from ATH to last lows.
Once 57p is broken I have a target of 86p. RSI last bear channel was broken and since then we have been on an ascending RSI channel.
Based on fundamentals I totally believe that SDX Energy has many legs to climb up to my target within the next few months.
Passed resistance and looking good to reach target in time. There will some pullbacks along the way but looks good