Precision Drilling (TSX:PD)

PD

Precision Drilling (TSX:PD) is a large oil and gas drilling contractor in western Canada. As the embedded image shows, PD is in the midst of forming a 2-2-2 Pattern. Point D projects at or near the $8 level at some point in the next 6-8 weeks. Note also that if one consults a heliocentric ephemeris and notes those dates when Sun, Mercury, Venus and Mars change signs, you will find a close correlation to swings in price on PD.

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