WEEKEND STOCK REPORTER
ChartPoppers Newsletter <info@chartpoppers.com>
date: Fri, Jul 23, 2010 at 9:29 PM
Company Name: MASS Petroleum Inc.
Trading Symbol: MASP
Yahoo! Finance: http://finance.yahoo.com/q?s=MASP.OB
Company Website: http://www.masspetroleum.com/
This stock looks like it's going to take off! I want you to take a look at the link below, and pay attention to these key factors:
EMA Chart Indicator (Bottom left of screen)
Recent CandleStick Analysis (Directly below chart)
Support and Resistance (Directly to the left of the chart)
Here's the link - http://www.stockta.com/cgi-bin/analysis.pl?symb=MASP&num1=1&cobrand=&mode=stock
Let's go over what you just saw at the link above.
First, the EMA & MACD indicators are all VERY BULLISH across the board! (If you don't know what EMA & MACD stand for, I've put their definition at the end of this email for your review)
Secondly, the recent candlestick analysis for MASP is also BULLISH -Bullish Engulfing- (I've also put that definition at the bottom of this email for your review as well.)
Lastly, we get to the support and resistance for MASP. MASP looks to have a TON of support at it's current levels, and very, very little resistance all the way up to .04.
You guys know how I love stocks that trade below .10, because they can show serious percentage gains in the blink of an eye. That being said, it's not very often I see stocks at this level with all, and i mean ALL of these buying signs!
I've attached the chart below, so you can look at it as you read the analyst definitions below, but make sure you keep reading the rest of this email, I have a lot of important information included.
I think the stage is set for a serious run on Monday, and at these levels, it could be an amazing run!
What does MASP do?
MASS Petroleum (MASP) is an oil and gas production company backed by an experienced and dedicated management team. Mass Petroleum is engaged in the acquisition of producing oil and gas projects to build its reserves and ensure sustainable growth by focussed exploration and acquisition strategy to create shareholder value.
MASS Petroleum is currently in the process of acquiring several producing oil and gas assets in Western Canada. The target acquisitions offer a stable production base with low risk drilling opportunities. This provides steady cash flow for continued exploration and development in various prospect areas within the Western Canadian Sedimentary Basin. Canada's proven oil reserves are well developed and holds more than 175 billion barrels of oil. The area is politically stable and has been a major oil producer of many decades.
MASS Petroleum's primary objective is to:
Make strategic acquisitions balanced with a focused exploration and development plan
Building core areas with significant undeveloped land, high working interest and/or operatorship
Balanced light oil and gas portfolio with large scalable reserves
Focus on high Working Interest (WI) projects will upside drilling prospect.
MASP has some recent new!
Click any of the 2 links below to see what they have been upto:
Mass Petroleum Provides Details on Acquistion Strategy
MASS Petroleum Provides Corporate Update
Also, be sure to take a look around there website. MASP has a very impressive Management Team that I think is worth a look. You can view the bios for the Management Team here: http://www.masspetroleum.com/corporate/management/
Now let's talk a little about the excitement that is building up for MASP.
As you all know, I follow alot of different stocks, and I also follow a lot of different marketing groups. MASP is on a lot of radars as of now, and when this happens, you can see some serious price surges.
I think NOW is the time to put MASP on your watch list, and consider it for a trade.
Also, if you take a look at the chart above, or at the link provided above, you'll notice that lately MASP has begun to spring to life a little. You'll notice that when even moderate to light buying comes in on this stock, it has shown fairly dramatic price swings, which puts us all in an optimal position.
When you consider the analytics above (MACD, EMA, CandleStick Analysis, Support and Resistance, and charting patterns), that alone is enough to dictate that MASP should seriously come to life soon.
Put this one on your radars ladies and gentlemen, Monday should be an interesting day!
I'll touch base again Monday morning before the markets with one more reminder about MASP, and then we're off to the races!
Have a great weekend, and don't forget to read the definitions below.
~ ChartPoppers
http://ChartPoppers.com
info@chartpoppers.com
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ANALYSIS DEFINITIONS:
MACD stands for Moving Average Convergence / Divergence, a technical analysis indicator created by Gerald Appel in the late 1970s. It is used to spot changes in the strength, direction, momentum, and duration of a trend in a stock's price.
The MACD is a computation of the difference between two exponential moving averages(EMAs) of closing prices. This difference is charted over time, alongside a moving average of the difference. The divergence between the two is shown as a histogram or bar graph.
Exponential moving averages highlight recent changes in a stock's price. By comparing EMAs of different periods, the MACD line illustrates changes in the trend of a stock. Then by comparing that difference to an average, an analyst can chart subtle shifts in the stock's trend.
Since the MACD is based on moving averages, it is inherently a lagging indicator. As a metric of price trends, the MACD is less useful for stocks that are not trending or are trading erratically.
Note that the term "MACD" is used both generally, to refer to the indicator as a whole, and specifically, to the MACD line itself.
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EMA, which stands for: Exponential Moving Average, sometimes also called an exponentially weighted moving average (EWMA), applies weighting factors which decrease exponentially. The weighting for each older data point decreases exponentially, giving much more importance to recent observations while still not discarding older observations entirely. The graph at right shows an example of the weight decrease.
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Bullish Engulfing CandleStick Analysis - As implied in its name, this trend suggests that the bulls have taken control of a security's price movement from the bears. This type of pattern usually accompanies a declining trend in a security, suggesting that a low or end to a security's decline has occurred. However, as usual in candlestick analysis, the trader must take the preceding and following days' prices into account before making any decisions regarding the security. |
