I would classify this as a.......breakout, but with a small "B".
Market maker CIBC looks to be doing a decent job here moving the issue a penny a day, or so, over and over.
We need to move back past the Annual High and close above that ($1.65) and I have confidence we will do just that.
Macro issues in the Middle East is the high-tide raising all these energy "boats".
I added more to already large position(s) because I saw a double from $1.30 level this next 8 months.
We are well on our way and I believe a Breakout will ensure that target is achieved.