Charts are meaningless to many at the moment rochy as the stock is above its 200 day average and has not penetrated its lower Bollinger Band. It popped and held because of excellent news and is merely trickling down while a fundamental re-rate occurs from drilling results. The probability of success is looks great. An upward movement in volume has to occur before a price rise if the results are good creating the a sustained run and meaningful charts. Its wait and see if you have them if you are are betting man. Good luck unless you have inside knowledge. Its about risk and reward, support and resistance if you are a chartist, not so much if you a fundamentals person with speccies.
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