This is one interesting stock ...text book according to the charts. I've established a trading position since it came off its highs (5.75)..and although the fundamentals should consider 7 to be fair value, I would expect momentum and unrest in the mid east to enable stock price to rise to previous highs.
Now how is that for going out on a limb?
Anyone else notice how the market establishes its lows early in the day and then works its way into positive numbers by noon? I love the great moves after 2 p.m....hope it repeats today.