Ann: Monthly Drilling Report June 2017, page-12

That is one crazy strong green candle, on no news.  Definitely smashed through the range into breakout territory above 62c resistance line. I'd hold my breath on where it goes next, but would expect 2 scenarios from a bullish view. A retracement back to 62c then trending higher, given the thick Senkou span B (cloud bottom) which it tested today. Time will tell if it will respect this level of resistance and retrace back to the now 62c support.  Or we could head straight there depending on sentiment and Poo.

Chikou span is above price which is favorable, but there is still a lot of work to get through the Cloud, and would like to see a bullish future developing when Senkou span B crosses span A in the future (hopefully). With a bit of luck and time, I would like to see an attack on the .69c barrier, which might also represent a kumo breakout when it occurs given its distance from the top of the cloud.

Importantly, thereafter there is the middle-line of 72.5c which looks to be flirting with the 200 MA line. If we can clear those hurdles with some good news and no surprises from Mr Market re the oil price, we are looking at a bright future IMO.