Trade the breakout above Pivot point resistance.
Stock has been on a very bullish run like most energy stocks, but may need to take a breather before advancing higher.
There is a well defines uptrend from the August lows.
Company profile
Yuma Energy, Inc. operates as an independent exploration and production company. It focuses on the acquisition, development and exploration for conventional and unconventional oil and natural gas resources, primarily in the U.S. Gulf Coast, the Permian Basin of west Texas and California. The firm have non-operated positions in the East Texas Eagle Ford and Woodbine and the Bakken Shale in North Dakota, and operated positions in Kern and Santa Barbara Counties in California. The company was founded by Sam L. Banks on September 10, 2014 and is headquartered in Houston, TX.
Stock has been on a very bullish run like most energy stocks, but may need to take a breather before advancing higher.
There is a well defines uptrend from the August lows.
Company profile
Yuma Energy, Inc. operates as an independent exploration and production company. It focuses on the acquisition, development and exploration for conventional and unconventional oil and natural gas resources, primarily in the U.S. Gulf Coast, the Permian Basin of west Texas and California. The firm have non-operated positions in the East Texas Eagle Ford and Woodbine and the Bakken Shale in North Dakota, and operated positions in Kern and Santa Barbara Counties in California. The company was founded by Sam L. Banks on September 10, 2014 and is headquartered in Houston, TX.
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