TRCH NEWS why is Torchlight Energy Resources, Inc. price falling or rising
TRCH NEWS reasons for why stock price of Torchlight Energy Resources, Inc. is falling or rising
TRCH Torchlight Energy is falling or rising technical reasons
Technical analysis forecast of Torchlight Energy Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Torchlight Energy TRCH at this time. Stock is rising and might rise more.
It appears as if Torchlight Energy TRCH gave a large move recently.
Stock of Torchlight Energy (TRCH) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Torchlight Energy is bullish for shortterm, and stock might move up till 6.5 or till 8.7. Use a stoploss of 4.65 and if this stock hits its stoploss, then it can fall down till 2.79
TRCH Torchlight Energy is falling or rising NEWS fundamental reasons
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TRCH Torchlight Energy Resources, Inc. current price & indicator signals
Recent prices of TRCH Torchlight Energy Resources, Inc. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 25 Fri Jun 2021 | 4.95 | 4.80 to 5.38 | 4.21% | 0.74 times |
| 24 Thu Jun 2021 | 4.75 | 4.75 to 5.77 | -3.46% | 0.82 times |
| 23 Wed Jun 2021 | 4.92 | 4.63 to 5.94 | -29.71% | 0.91 times |
| 22 Tue Jun 2021 | 7.00 | 6.88 to 10.21 | -29.44% | 1.48 times |
| 21 Mon Jun 2021 | 9.92 | 8.07 to 10.88 | 58.21% | 2.67 times |
| 18 Fri Jun 2021 | 6.27 | 5.31 to 6.50 | 16.11% | 0.51 times |
| 17 Thu Jun 2021 | 5.40 | 4.86 to 5.58 | -9.85% | 0.43 times |
| 16 Wed Jun 2021 | 5.99 | 5.33 to 6.76 | 18.15% | 1.24 times |
| 15 Tue Jun 2021 | 5.07 | 4.32 to 6.15 | 41.62% | 1.76 times |
| 14 Mon Jun 2021 | 3.58 | 3.32 to 3.69 | 14.74% | 0.11 times |
| 11 Fri Jun 2021 | 3.12 | 2.94 to 3.22 | 3.65% | 0.06 times |
| 10 Thu Jun 2021 | 3.01 | 2.87 to 3.18 | -2.9% | 0.05 times |
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