(MXC) Mexco Energy Corp (PDO) and Other Crazy Energy/Oil Plays
Never miss a blog entry again! Sign up HERE to receive them via e-mail! Feedburner sends an email once a night with the blogs posted for the day - so you’ll never miss one! Also be sure to sign up in the upper right for any new updates to the site!
MXC Mexco Energy Corp - on the verge of breakout just over $50 dollars, besides the 52 week high - the real breakout here is the triple top near $50. This chart is incredibly bullish and without a doubt the largest short squeezer we’ve seen in a long time. If the longs can keep this up, and shares are strongly held we can see a $10 point move possibly tomorrow. More MXC post can be found HERE.
PDO Pyramid Oil Co - another stock shorts are in big trouble as you can see by these over extended moves, it will probably open over $40 tomorrow and whether or not oil holds up will tell the tale for these stocks. This has been a crazy stock since the consolidation for more scans of PDO visit HERE.
TGC Tengasco Inc - very bullish chart, $2 break imminent but as far as holding this one long, $2.00 needs to hold as support, if it can this stock can continue, and probably continue for a while. For more TGC scans you can visit HERE.
NOG Northern Oil & Gas Inc Nev - $16 break should cause some commotion towards $18+ Read more NOG post HERE.
KOG Kodiak Oil & Gas Corp - needs to hold $5 and can support a move higher if it gains any momentum. For more KOG scans go HERE.
ROYL Royal Energy Inc - $11.59 52 week breakout on this one, if it breaks could test $12 after that its a life of its own towards $15.
SSN Samson Oil & Gas Ltd - nice set up, moves like these are good at times because they’ve cleaned out most of the sellers between here and $6. If $4.50 holds it may maintain, this isn’t really one of my favorites but the way these all move.. you never know. So worth the radar.
FPP Fieldpoint Petroleum Corp - this may be ready to turn up shortly.. but it isn’t running with MXC and PDO like it did before, this could be a sign of a potential short where it may fall twice as fast - percentage wise - on the way back down compared to MXC and PDO. We’ll see - not a fan unless it can break $6.50 and hold it.
June 25th, 2008 at 9:36 am
[…] found charts that have set up for their next move. Watch these Oil and Energy plays for volatility:(MXC) Mexco Energy Corp (PDO) and Other Crazy Energy/Oil Plays There were a few other scans tonight you can find buy either scrolling down or “previous […]
August 13th, 2008 at 11:04 pm
[…] I’ve copied a scan from a while back where for oil plays. These will all be good shorts as soon as their sympathy bounces cool off, they […]