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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 Jun 09, 2008 9:04am
380 Views
Post# 15160331

Ta and Chart for Monday

Ta and Chart for MondayHi -- More of the same to close the week on Friday -- however, ENG is holding nicely above the bullish long white candle from last Tuesday, so -- this is a good sign. I would expect a breakout this week over the 20 ema and some attempt to form a new uptrend. As I mentioned previously, I think the bottom is in and it is just a matter of ENG turning and building momentum into a new uptrend. A break to at least $2 or so seems in the cards this week. Good luck on this one. Here is the daily chart. Zeta
Bullboard Posts