Pioneer Natural (PXD) Weekly ‘Ready to Run’
Pioneer Natural (PXD) shares nearing a multi-week breakout above $187.25 after closing strong on Monday back above the top of monthly value. A breakout move has room to run above the prior highs and a measured target of $215. PXD is hitting our weekly ‘ready to run’ scan with MACD nearing a bull cross and momentum picking back up while firmly in a nice bull trend with the 8- and 21-EMA stacked.