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Mad Money Mailbag: Keeping Up With Nabors

Cramer is bullish on the company's fundamental growth outlook.

Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EST on CNBC.

Nabors Industries (NBR) has dropped a few points below its moving average. Where do you think the stock is headed from here?-- Kyle from Florida

Jim Cramer

: Technical analysis is a popular trading tool, although it's too complex to try to give a primer in this space. Charts aside, I'm bullish on the company's fundamental growth outlook and believe that shares of the energy driller could trade back over $70 by midyear.

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