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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

Energy Oil & Gas Equipment & Services

TSX:TID - Post Discussion

Tuscany International Drilling Inc > MA 50: Technical break out today
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Post by rainofstocks on Sep 14, 2012 6:23pm

MA 50: Technical break out today

From a technical perspective, news is also bullish for  TID  as TID broke MA 50 today which stands at 0,33.

So now the next target is MA 200 at  0,57 $.

I believe  this technical break out  today  will attract several  technical  and momentum traders too  as the potential upside is more than 50%  from the current levels.

Comment by Art365 on Sep 14, 2012 9:08pm
Good point, though the volume was about average. But the news came out on a friday about 2 pm, which is a rather surprising timing.  
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