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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.


TSXV:RECO - Post by User

Post by NYETraderon Feb 04, 2021 4:38pm
333 Views
Post# 32476656

$$$V.RECO / RECAF Up 9% Today. Start Of the Next Leg Up! $$$

$$$V.RECO / RECAF Up 9% Today. Start Of the Next Leg Up! $$$

$$$V.RECO / RECAF Accumulating Looks To Be Over.

And The Start Of The Next Leg Up Has Started!



- Nice Bounce Off Of Both The 25MA Of $3.44 The Pivot Point of  On Friday Jan 29th / 2021 Looks Like Clear Sailing To Both R1 $4.94 & R2 $6.54. 


- Both The RSI Of 66.30 And The MACD Turning For A Cross To Bullish.

image.pngSHORT VOLUME SUMMARY: TSXV:RECO.V 15 DAY
MAR 2020MAY 2020JUL 2020SEP 2020NOV 2020JAN 202105M10M15M20M25M
 
 
OUR CHART ABOVE DISPLAYS AN AGGREGATE SHORT TRADE SUMMARY OVER EACH 15 DAY REPORTING PERIOD ON RECO.V. HERE YOU CAN DETERMINE IF SHORT VOLUME ON RECO.V IS INCREASING OR DECREASING. CONTINUE BELOW TO SEE THE TOTAL # OF SHORT TRADES.
SHORT TRADE ANALYSIS: TSXV:RECO.V 15 DAY
MAR 2020MAY 2020JUL 2020SEP 2020NOV 2020JAN 202105k10k15k
 
 
ARE THE AMOUNT OF SHORT TRADES INCREASING OR DECREASING? OUR CHART ABOVE SHOWS THE OVERALL TREND.
SHORT TRADE DOLLAR VALUE: TSXV:RECO.V 15 DAY
MAR 2020MAY 2020JUL 2020SEP 2020NOV 2020JAN 2021010M20M30M40M
 
 
OUR CHART ABOVE DISPLAYS THE AGGREGATE DOLLAR VALUE OF ALL TRADES OVER A 15 DAY PERIOD ON RECO.V. DISCOVER THE DOLLAR TREND ON SHORT TRADES AND DETERMINE IF THE SHORTS ARE INCREASING THEIR BET, OR STARTING TO COVER THEIR SHORT POSITIONS.
DATE
S. SALE TRADES
% TOTAL TRADES
S. TRADED VOL.
% TOT. VOL.
S. TRADED VAL.
% TOT. VAL.
FEB 1 2021
15,138
20.336
9,203,773
24.668
38,731,417
24.937
JAN 18 2021
9,124
19.346
6,535,101
21.696
20,437,943
21.991
JAN 1 2021
2,717
15.026
2,472,763
19.852
4,972,411
20.161

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