Carolyn Boroden is a Commodity Trading Advisor and technical analyst who has been involved in the trading industry for over 25 years. Her background includes working on the major trading floors including the Chicago Mercantile Exchange, the CBOT, NYFE and COMEX, where she eventually shifted over to focusing on technical analysis of the markets.
The technicals point to another potential buy entry in the coming days.
If the stock can hold above a key zone, it has a good chance of moving higher.
For this fracking play, that's certainly what the technicals suggest.