COV basing around $49.50 and could have a move higher. The past 3 tests of the 20-day EMA moved price higher and today saw a quick test of that 20EMA. Price finished strong considering today's late day sell-off. Volume was up big too.Other basing stocks I'm checking out are:
BOKF
PXD
HES
LUK
EAC
BRY
DNR
FTI
CNI
CRR
ZEUS
CEDC
WLL
PBR
NBR
EGLE
SBLK
QCOM
MEA
CPX
UNT
COV
CNQ
COG
XEC
Wednesday, May 14, 2008
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