orion, it seems to be in a similar position to the stocks I mentioned. Way overbought on all timeframes and in need of a correction. I don't see a whole lot compelling to suggest a downturn is imminent, but the weekly is interesting. (only real bad thing I found other than the oscillators)
I don't know the company, but I assume it tracks oil, so I assume that would help the analysis. I think oil is due a pullback too.
Feedback: Why do you insist on shorting stocks near or at 52-week highs? There's a whole universe of stocks with crappy fundies and mediocre TA. This stock is neither. It's a resource play and if the Dollar goes to crap it'll benefit from that alone. Haven't followed in a while, but owned some sub $3 for a while.
So, how's the family? Going to be ordering plane tickets soon for skiiing. First weekend in Feb unfortunately.
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