TREATY ENERGY (NASDAQ:TECO) Uptrend Smart Scan
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TREATY ENERGY (NASDAQ:TECO) Uptrend
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, TECO scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
-15 New 3 Day Low on Tuesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, May 8th
+30 New 3 Month High on May 13
+85 Total Score