HUSA may be setting up for next leg
(24/7 MARKET NEWS)– Houston American Energy Corp. (NYSE American: HUSA) made a strong move in late May into June, but drifted down from there, until its recent mid-July lows.
Houston American Energy has since been trending upwards and is now at $4.46, up $0.34 (+8.25%), on nearly 500 thousand shares. So, with many energy companies getting ready to report what are expected to be record revenues, next week, this may be one to keep an eye on, as its recent history shows that it can quickly make strong gains.
24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.