@myleogb check this out, 11 consecutive higher lows in this trend...eventually when the lows get up near a higher high it soon forces price above and into a new high (a run of about 100% or more)..so 15.5c ( 15.3c) is the nearest higher high and the last higher low is 12.5c, if that holds up then a new high above 20.5c could go as high as 26c imo..I've had great trades on both.CXO and LKE which are exactly the same as this. they're expecting a drilling approval announcement here which based on the chart looks like it could come any day now.
