Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Treaty Energy Corporation TECO
Posted On: 10/31/2012 12:57:45 PM
Post# of 39368
Avatar
Posted By: coolnapz

$TECO advances position on chart



There is some funny business going on to hold the stock down but nonetheless TECO continues to advance position and that's what counts.


1. L2 is showing bid higher than lowest ask - ETRF at 3.6 cents bid on NITE 3.5 cents ask. What is going on here?



2. Raid into 3.5 cents, short sellers dried to take out 3.5 cents but couldn't do it. I guess they used up their allotment of short selling for the day.



3. Nonetheless look at the daily chart right at lunch hour at 3.6 cents with next price target at the 50 DMA. A close up here is still a sign of strength because would be the 5th day in a row we have a higher close, with 4 consecutive higher closes above the 20 DMA.



***UPDATE 12:57:06 Piercing 50 DMA*****



2oZt1.png



we9u1.png



6u97d.png














(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site