Let's take a look at $SAEX.This oilfield services company has been beaten down very badly throught out the last 2 years,decreasing from $10/share to 0.24 cents/share.It has found a strong support at 0.12 cents level and has already bounced off 100% within 2 days closing just above previous resistance of 0.23 cents.With an ATR of 9 cents and a high relative volume which is 44 times the average volume of what the stock usually trades at we have got a window up to next resistance level of 0.36-0.4 where it meets its 50 day EMA.This low floater has a potential for at least 50-100% run within 1-2 days if volume remains high.Sector: Basic MaterialsIndustry: Oil & Gas Equipment & ServicesDisclosure: I/we have no positions in any stocks mentioned.I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.