Looking at the chart for GUSH. I am looking for a break above the last high (green dotted line). A move higher should signal a continuation of higher highs and higher lows (red lines). I'll buy with a break above. OIL
is looking good and other stocks like RIG and VLO
seem to be trending higher. Wait for the break of the green line to confirm, and then set your stop just below it. It must hold.