Long $GBR

Bought 10K shares of $GBR for a long trade at avg. $2.07. This is a chart trade for me. I have been watching this chart since the $1.80 levels and now it has been nicely basing above $2 level. Looking for a push above the 200MA and then above $2.40 level. Oil is strong and with right momentum, $GBR chart looks like will work. I will cut it if it drops below $1.85-$1.90 area.

GBR.PNG