In the Spotlight — PDC

The oil and gas sector looks to be perking up, and Pioneer Drilling (PDC) is just one of the many charts that look ready to head higher.  It has now tested the low $16 area on two occasions and fallen back, but bounced back quickly on the last attempt and had a huge volume surge on Friday.  Keep an eye on this one to see if buyers continue to pile in to it.

If you have any questions or comments, feel free to contact me on twitter @stockdarts or in our great chat room if you are a stockguy22 member. If you aren't a member, what are you waiting for?

Sign Up for Trading Room

Posted in Charting & Analysis, Stocks, Watchlist