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DRQ: Falling Wedge with Bullish Divergence at a 0.886 Retrace

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Dril-Quip, Inc. (BATS:DRQ)  
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BATS:DRQ   Dril-Quip, Inc.
Chart Patterns Technical Indicators Trend Analysis Oil WTI exploration Falling Wedge 886 Fibonacci Retracement
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chartpattern indicator trendanalysis oil wti exploration fallingwedge 886fibonacciretracement
DRQ shows notable Bullish Divergences on both the Monthly and Quarterly Timeframes at a 0.886 Fibonacci Retrace and is currently trading within a Falling Wedge.

If the Bullish Divergence and Falling Wedge play out, I would expect to see DRQ make its way up to around $60 as a first target and around $94 as a full profit target.

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