A great days trading today. There is so many ways to cut this...

A great days trading today. There is so many ways to cut this up:

1. CXO has consistently exceeded the 0.786 fib which should mean that we should move beyond the 51.5c level tomorrow (or the next day);
2. The symmetrical triangle breakout would suggest that we could exceed 55.5c;
3. The longer term trend line suggests we should get to about 54c;
4. RSI and CCI are suggesting that it is oversold at the 47.5c level;
5. The MACD crossed on close, which further suggests that the run should continue tomorrow (or the next day);
6. Even simplistically, look at the chart history and look for any decent green candle, they are always followed by higher prices.

It doesn't matter which one you look at, to me, it says that CXO has a bit more left in the run.......all in my opinion, charting is not an exact science but I like what I see. DYOR, make and be accountable for your own decisions but GLTA.

oh, and if we get news, well.......