Looking at the five year chart, it looks like we will be back in mid to low $8s. Why do we tend to drop during this time?
I see the pattern you are talking about and believe we were just in it. I don't expect this stock to see $8.xx again, unless drastic circumstances are in play. I believe this re-evaluation will take us above $10 and stay there.
Sentiment: Strong Buy
Lol you looking at a 5 year chart for a company with operations that are changing at an exponential rate!! Please trade this based on the 5 year and add to the fire when you stop out
not so sure how a five year chart will help when the US is in such a oil boom, and MUCH higher oil prices to boot.
As we get use to Putin, what will the price oil do? Something else will need to stir pot to keep it at these levels.