Delphi Energy Corp. (DEE)

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Delphi Energy Corp. (TSE:DEE) (PINK:DPGYF) Challenges the Closest Resistance June 01, 2011

Delphi Energy Corp. ( TSE:DEE ) (PINK:DPGYF) stock price approached a critical level after jumping above the 50-day moving average. DEE share price gapped up on Tuesday, but kept rolling down for the whole day after failing to pass above the resistance of $2.65. The stock still ended the trading session with 3.6% premium and remained above the 50 day moving average which is currently at $2.58. The trading volume was 1.35 million, not very spectacular for a gapping price action, but still...read more