Hi Eshmun I don't have any particular thought on the DLS chart....

Hi Eshmun

I don't have any particular thought on the DLS chart. I think I previously said low to mid 90s as a target based on some repeating ranges from the past. It's probably a good buy around here. Volume and downside momentum isn't particularly strong. The merger/asset sell off/Stokes questions do cloud my thinking as well. I'm not really sure how it fits into the chart. I've been meaning to see if the correlation to BPT has been getting stronger as it may be an indication of the market's belief in a script merger.

Fundamentally the company is still strong with the oil business so the management vacuum isn't a major problem for me yet. I guess we'll see in the next few weeks when guidance and strategy is updated.

WTI Oil looks like it's going toward a triple bottom after breaking out of a little triangle last few days. Too early to tell if it might break to a new low.

Cheers