Short term view above. Top red line is resistance at 62.00 Bottom red line is support at 26 and some change. Bought at 34.25 this morning and closed at 36.83Below is the longer term view. Red lines are at the same levels on both charts.
Dig goes up 200% of the Dow Jones US Gas & Oil Index. It is near support and has a long way to go before it hits resistance. Bought this morning at $34.25. Support is at about $27 and the first round of resistance isn't until $62. This means there is about 3.5 to 1 ratio of return to risk which makes it acceptable.
