I think you'll find the previous low was 36.5c , and most double...

I think you'll find the previous low was 36.5c , and most double bottom charts (once they confirm) prove to be one of the more reliable trading trends ... so even at mid 30's in this market it isn't alarming for me, as long as the next news is significantly positive!

Everyone is waiting for news ... everyone knows this ... and that news could go either way ... and everyone knows this too ... everything is on the line for PXD/Ovature.

It doesn't really matter what the trend is ... good news will break it to the upside and vice versa ... either believe and invest, or don't believe and get out.

It's as simple as that ... charts are no use while its bouncing along the historical lows in a news vacuum.

Regards