The uptrend is still intact on the weekly, IMO judging solely by the chart it is ripe for a move to 30-32c.. whether this uptrend will continue or flounder, I don't know but IMO the former seems more likely. This is because I suspect TPT speculation will be positive in the short term, given: 1. TPT should start being twinned to the positive sentiment surrounding the regional drilling operations you have mentioned; and 2. we have a break in the political stalemate, which puts us a big step closer to getting approvals (thanks jamesc666 for that post).. good luck on your positions, I have mine!
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