(24/7 MARKET NEWS) Houston American Energy Corp. (NYSE: HUSA) is at $6.9498, this morning, a $0.6498 (+10.31%) gain, on 5,230,138 shares.
Houston American has been trending higher since late May and the move was boosted after it reported acquiring an additional interest in Hupecol Meta, LLC. After surpassing its mid-March highs, last week, it’s been consolidating and looks like it’s ready for another wave higher. Of course, that type of move is dependent on it taking out its new resistance levels, but it’s looking like it’s potentially in play to do that.
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