Callon Petroleum (CPE) showing relative strength lately with the energy rally and consolidating in a small flag under $62.50 which sets up for a broader weekly flag breakout. Shares are consolidating below the November 2021 highs and a breakout move has a big target up above at $75. Shares hitting the weekly ‘ready to run’ scan with MACD crossing over bullish and RSI in a strong trend overall.