PXP is bullish on many fronts. However, this seems be waiting for a catalyst. The stock dividends are a  drag.

The daily chart shows consolidation inside a pennant and above 50% levels.
Previous RSI resistance had turned into support.

pxpmar14

There is a small falling wedge within a bigger one from 2015.

pxpwedge

…. and that’s just the small picture…

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