RIG in a good uptrend move

RIG is in a good uptrend. All short term moving averages are above long term (200sma) moving average. It's also hitting Fibonacci 50% lvl.

My target is the supply zone between $14.15-$16.66.

Stop loss closing below $7.65 or for more flexibility close below $6.77
Beyond Technical AnalysisTrend Analysis

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