$3.51 based on the only bar I can get an exact number off of when looking at a 'big charts' chart.
That bar ends on the support line exactly. It's the thin green tail that starts the six day run up that went to the top of finviz's purple resistance line. (See it? Later part of Oct 2008, just left of the word Nov?)
I'm still thinking gap. SO we break that finviz support? Get gap ready.
I'm bummed I didn't take my gain at the five area. I want to own PKD for a long time but I do want to buy and sell it along the way. That would have been a nice trade for someone who doesn't really get this trading concept. LOL.
I do have a sell order in today based on the finviz, which I had looked at earlier. I won't let it all slip back while she works things out. And if she goes back on up - that's just fine as well. A gain is a gain no matter which direction the stock moves after you sell it.
I think your bottom chart is going to reign. That seems pretty solid to me? A few of my other oil related stocks are hanging in there this morning on comments like this one (from the RIG board)...
"We expect oil prices to trend higher as offshore drillers and oil service companies regain pricing power and the marginal cost curve rises," he added.
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