Price is attempting to breakout of a long term channel with a new up channel that can be seen along the white lines
If this breakout doesn't occur continuation along the original channel is likely.
Bullish
Weekly timeframe
DCO has a beautiful looking chart!
It has been in an uptrend channel since the beginning of 2017. (check chart for more details)
Earnings report trend are usually positive surprises, that have maintained the trend so far.
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I would consider entering a position if we brake SMA(50) on a daily chart, with strong volume. (currently at $45.3)
Have a great...