Near-term uptrend for Precision Drilling will meet resistance at $11.50

Precision Drilling reports fourth quarter results for 2011 on Thursday, February 9, 2012.

Reference my chart analysis for Precision Drilling posted October 12, 2011.

Relevant articles picked from the Web:

• Precision Drilling swings to profit — Globe Investor — February 9, 2011

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

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