Sanchez Energy still holding the upper half of its upward trend

I think that Sanchez Energy, although a shitty ride, is still progressing in the upward channel since its bottom and reversal back in November. Chart shows support around $5.10-5.20s and resistance around 5.70s. With a high short float in play (probably rightfully so), should see the price increase as the weekend closes before the cycle starts all over again on Monday. Need to hold higher lows and higher highs and keep the trend intact. However, I would love to exit my position upon an entry back into the 6's, for a rebuy back around the 5.70s