$OIH OIH thus far is joined at the hip with XOP on the upside (despite becoming completely decoupled on the downside). If this remains true for the near term, OIH will struggle to cross even $200 as XOP is very close to its 52 week high and may encounter stiff resistance there. That resistance will translate to strong resistance for OIH at $200 due to the above-mentioned correlation between the two.
When I say "joined at the hip," I mean that the ceiling for OIH daily gains are equal to the daily gains for XOP. In practice, OIH is usually gaining much less.