USEI Up Nearly 5% in Morning Trading
US Energy Continues its move...
USEI is up again this morning on very good volume. Over 600,000 shares have traded in the first 3 hours of trading, well above the 30 day average of 127,000.
A quick recap of our Sunday night posting...
Technicals ......
4 More Reasons why we believe USEI stock could skyrocket.....
1. USEI’s stock prices decline stopped and reversed in the ‘potential support area’.
2. There is a possible ‘double bottom in the 15 – 16 cent range.
3. ‘Stochastic Divergence’ as well as the Stochastic Indicator crossing above 25 and out of the ‘oversold’ area.
4. Two strong up days, potentially confirming reasons 1, 2 and 3.
USEI is up again this morning on very good volume. Over 600,000 shares have traded in the first 3 hours of trading, well above the 30 day average of 127,000. A quick recap of our Sunday night posting...
Technicals ......
4 More Reasons why we believe USEI stock could skyrocket.....
1. USEI’s stock prices decline stopped and reversed in the ‘potential support area’.
2. There is a possible ‘double bottom in the 15 – 16 cent range.
3. ‘Stochastic Divergence’ as well as the Stochastic Indicator crossing above 25 and out of the ‘oversold’ area.
4. Two strong up days, potentially confirming reasons 1, 2 and 3.
0 Comments:
Post a Comment
<< Home