May Chart, page-12564

Gee - asking an idiot like me that question could be dangerous.

My two cents worth - It's going to drift sideways until McDaniels comes out, and then break north (initial spike, settle back, then build again). I think McDaniels will life U1B by around 300% (not the full 6x as some were hoping), and I can see EvoCap coming out with a new valuation of around 45 cents (v 23 cents enterprise valuation last year). I expect to see "oil in the shakers" type announcements in March, and testing in Marti in April. I am quietly confident that API will be "north of 24" (based on a range of things), and up to the early 30's; and that pressure will be high and flow "evident" (bit of a hedge there, but I don't think this is as simple as it looks).

So. From here: 5.7-6.2 initial range, break (on 1B) to circa 8.4 (I can see minor res there), perhaps a pullback to circa 7.7, then build slightly slower from there. 10.5 will come soon enough, but patience is required.

Just how I see it in my head.

Kit.