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Monday, April 17, 2006

Penny Stock On The Move - TGC

  • Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company surged 12.82% or 15 cents to $1.32 per share as oil price tops at $70 per barrel. The technical chart shows it's great time to buy the stock as stock as MACD is on top over signal line and K line is about to crossed on top over D line while ROC has fall from oversold level. In addition the long term trend is still bullish as the stock is on top of both 50 day and 200 day moving average with both movine averages going up. The stock was covered in early February at 91 cents per share and has since gained 45.05%. [Strong Buy]

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Anonymous PENNY STOCK INVESTMENTS said...

tgc is going great.

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