Then, Jan. 22 and now charts;
We reached $48 from $36, which is a cool 33% in seven weeks. Our expectation was that we could go higher, but at this point we are not at all confident about that. So, when in doubt, get out. This is the most important trading rule and one that is seldom followed.
See also COP, Conoco Phillips or HSE, Husky, where it is also not clear where we are in the sequence.