Both NOT and KXL jumped on no news. Was it a leak or a head fake? Perhaps just some newfound enthusiasm. Perhaps the big money is starting to get back in and made a shot across the bow to generate some volume to buy into or maybe it was just a whole lot of people adding small positions so that they can keep a closer eye on the action.

maybe all of the above... eitherway it is positive.

One thing is for certain the BGGC area is finally about to shine once again as other areas have. The big question is when? Without news, neither company can sustain current prices in the short term. KXL has been well outside the upper Bollinger Bands all week, even with yesterdays retracement. I'd be surprised if we see the 50s again but unless we get news there's still time to add or accumulate in the 60s. I see (soft) support at .65 and .60 and strong support at .58. Strong resistance is at .72

Also of note, the 200 day MA was broken on Tuesday only to close back under it yesterday ... we'll need a lot more than enthusiasm to break through that barrier for good.

The next few days will tell the story

just IMO