Today's Pick: FNRC
Hi Everyone,
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Our new alert is...
FNRC (1st NRG Corp)
Shares closed at .18 and the chart is primed for what could be a very profitable bounce as the price action reaches its 200 day moving average support level.
Traders know that the 200 day moving average provides solid support on any chart and with FNRC it's no different. We could have a breakout bounce play looming overhead as buyers drool over these undervalued price levels.
A little about the company
1st NRG Corp. is an exploration and production company headquartered in Denver, Colorado whose activity to date has been centered on development of the Clabaugh Ranch Field, a project developing and producing coal bed methane reserves (CBM) located in the Powder River Basin of Wyoming.
The targeted coal seams in the Powder River Basin are part of the Tongue River Member of the Fort Union formation and have been extensively mapped as natural resource developments and exploration have occurred throughout the region...
Members can find out more about FNRC by visiting the company website at www.1stnrg-corp.com
We urge our members to take a serious look at FNRC come tomorrow and have the company on high alert because a breakout could be just around the corner!
Happy Trading,
Best Stock Alerts Team
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