Bill, that’s only a one-day gain needed if the Reddit crowd decides to plow into RIG. (Just kidding).
This log chart will show its resistances. It shouldn’t have any problem reaching them over time, at least the first two.
Remember, value stocks can be like a beachball held under water and let go.
OVV (formerly Encana), did just that. From $2ish to almost $19 in under a year. No one would normally think something like that is possible, but it happens more than you think once value stocks hit their bottoms and head higher.