This is stock has been on a downtrend since 2018, two gaps were created on the way down which is represented by the green lines.
Now the stock in on its upward trend, old support from 2019 is now the new resistance with the top (now bottom) of the gap being new support.
Please leave me a comment it will help me to improve my trading skills.
Seems like one of the best plays if you would like to play the oil sector right now. Carlyle and Riverstone are considered the best in the oil industry