OIH breaking out

OIH is breaking to new highs, potentially breaking out of the wedge it has been stuck in since bottoming. A potential new Arab Spring in Iran and coming disruption in Venezuela should boost prices through the year. As WTI Crude USOIL continues to hit new highs yet diverge from OIH, I've become to worry that OIH will not see the same gains after hitting a multiple top. This may be an opportunity to buy at a discount. XLE seems to tracking more closely to the price of oil and could be a nice way to diversify closer to crude though at a premium to OIH.