Long
Still has room to go up
Updated
SGY can run to ten if oil keeps going up this week also MEMP is another small oil company that might go up. I would wait for the pit close to buy in.Target buying would be 7 to 7.70.Oil been in rally if that fades away SGY could go back to 4 or 5 if Shale comes onine fast this winter.
Note
buy some @6.50 and 5.90 and hold if you think oil will go up to 53.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.