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AvenEx Energy Corp AVNDF

Energy Oil & Gas E&P


GREY:AVNDF - Post by User

AvenEx Energy Corp
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Post by gwplanton Oct 17, 2011 10:31pm
299 Views
Post# 19157801

Trend reversal...

Trend reversal...Good day and blew through the 50 day MA, did retreat but good to see that the downtrend looks like it may have been broken, first time in 6 months it is trading above its 50 day MA...a few of the small cap oils did well today even though the price of crude was down...bodes well going into the end of the year as long as the financials  are half way decent...I will be looking for the payout ratio and hoping that it is staying low.
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