Thursday, February 24, 2011

Delta Petroleum Corp. (DPTR) Technical Video Stock Chart

The DPTR chart has been trending in this area for about five months and holding a support at 72 cents. The bollinger bands have tightened and are starting to gap apart a little bit as the share price looks like it could be getting ready to take a run at the 200 day simple moving averaged (currently at $0.834). Technical traders are on alert for volume to continue to increase after a rise in shares changing hands yesterday.

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