I remain bullish on offshore drilling and services. They have been in long term bear slide. But they have begun to rise on much increased volume. A .236- .382 retraction seems reasonable to me long term. These levels also appear to at expected resistance levels.
Process your way.
Process your way.
Note
Here is another one to consider in this group. 
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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.