Im in no way a chartist... But a quick look shows a clear double bottom at exactly $5.12 set on Nov. 15th. and again on April 17th. From there were up 34% to the current price. The fundamentals have greatly improved and the company is finally starting to execute on their plan. I see the next key area to watch at $7.30 and then $7.76 after that.
The addition of a third full time rig, and a fourth part time rig.... Rockpile standing on their own, Caliber ramping up throughout the rest of the year (nat gas coming soon).. lower well costs, and high short interest... Place your bets, I know what side of the fence Im on