I'm no chartist, but apparently there is resistance at $38, so interesting if oil can break this.
Of-course, the transaction value is dependent on oil forecasts and not the spot price of oil, but seeing oil above $40 would be nice.
Interesting next 5 trading days coming up as AZZ approaches the deadline to approve changes to it's capital structure or material asset sales prior to the note redemption date.
28 days till it gets a $23M bill for notes
29 days till we see the annual report
