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
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