By Jeff Pierce

Recent IPO”s can be a great source of bullish setups if they start strong out of the gate. SDPI has rallied 75% after it’s initial public offering and has come off a bit, but is holding most of those gains. In fact, right now it is forming a base from where it could springboard higher so keep this on your radar if you are looking for a bullish speculative play in the oil sector.

sdpi

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