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Treaty Energy Corporation TECO
Posted On: 10/26/2012 11:12:17 AM
Post# of 39368
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Posted By: Oilfield Trash

TREATY ENERGY (NASDAQ:TECO) Sidelines Mode Up Arrow Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.


Based on a pre-defined weighted trend formula for chart analysis, TECO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):











































+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Friday
+20 Last Price Above 20 Day Moving Average
-25 New 3 Week Low, August 17th
-30 New 3 Month Low on October 4
-55














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