Exhaustion gap trading, give it a few days with no catalyst. From the looks of it we are now at fair market value with support in the low 1.50's. Big overhang today at 1.59, lets see if shorty reaches for it.
many people play the market like an atm or lottery-if the immediate profit doesnt come they bail
many cannot evaluate news and thus flee w tail between thier legs
the most reliable thing about the market is overreaction
i believe theres a commercial find somewhere,but the adversary can even manipulate conditions underground to confuse,so that can be made a focus of prayer
hopefully people will get their bearings and realize this is just a delay and more targets in the upper 16000 foot of well bore can provide what we are looking-years of petro analysis have gone into this