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Energulf Resources Inc. ENGFF

Energulf Resources Inc is an oil and gas exploration company. Along with its subsidiaries, the company acquires and develops oil and gas projects in the Gulf of Mexico in Africa and Albania. The company's assets are located in Canada, Namibia, Albania and the Democratic Republic of Congo. Majority of the revenue is derived from the properties in Canada.


GREY:ENGFF - Post by User

Bullboard Posts
Post by zetaon May 08, 2008 10:18am
131 Views
Post# 15050920

EARLY TA COMMENT

EARLY TA COMMENT

Hi -- not a bad opening for ENG -- the volume is very low and this type of pattern has alot of potential - it gaps down, but quickly bounces back, forming a decent white candle - this is often a good reversal pattern -- the higher the white candle can close into the black candle from yesterday, the better - a close of 2.40 or higher would be very bullish and a strong buy signal. Early in the trading, but this has the signs of being a very short correction -- good luck on this one today. Zeta -- here is the opening chart to date.

Bullboard Posts