End of March I suggested a down target for this drilling company (see link below) which has now been reached. RSI oversold still with a positive reversal. Waiting for bullish candles.
Note
Looking promising if it closes with bullish engulfment.Note
Would not be surprised to see a pullback in the morning giving a low risk entry if you are so inclined with stop of < 10.20.
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Related publications
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.