$ORFG Daily Chart ~ Struggling at the MA200 A
Post# of 2559
Posted On: 06/24/2014 7:10:02 AM
$ORFG Daily Chart ~ Struggling at the MA200
As shareholders await the rumored strong material news regarding the acquisition of the Green River Refinery, valuations of their oil & gas properties, a name and symbol change, a 10% stock dividend, just to mention a few things, the stock continues to struggle at the MA200. The horizontal support line in the .012/.013 area has held for now. The divergence of the FullSto versus the sideways trend of the stock over the last two weeks, leads me to believe that a move to the upside is upon us. I added more yesterday as did a number of friends. Actually, we added almost everyday for the last couple of weeks in anticipation of news. The declining tops line, in effect since late Feb, is sitting at approx .021 today. A close above .0215 would also put the share price above the recent high of two weeks ago. It's been a frustrating wait for all, but should only half of what is being rumored occur, ORFG could easily surpass the high of the year at .095. Sounds like the fun just might begin this week. GLTA
As shareholders await the rumored strong material news regarding the acquisition of the Green River Refinery, valuations of their oil & gas properties, a name and symbol change, a 10% stock dividend, just to mention a few things, the stock continues to struggle at the MA200. The horizontal support line in the .012/.013 area has held for now. The divergence of the FullSto versus the sideways trend of the stock over the last two weeks, leads me to believe that a move to the upside is upon us. I added more yesterday as did a number of friends. Actually, we added almost everyday for the last couple of weeks in anticipation of news. The declining tops line, in effect since late Feb, is sitting at approx .021 today. A close above .0215 would also put the share price above the recent high of two weeks ago. It's been a frustrating wait for all, but should only half of what is being rumored occur, ORFG could easily surpass the high of the year at .095. Sounds like the fun just might begin this week. GLTA
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