Allis-Chalmers Energy is setting up a Symmetrical Triangle. This could break to the upside or the downside. The 50, 100, & 200 SMA are in an uptrend. Setting an alert or Buy Stop at 7.76 (above the high on 2/3 and 2/4) could be a good entry strategy. Alert or Sell Stop below 7.49 could also work.
