This market has become way too difficult to game on the short term however there is still a good chance this stock will work out as it is an oil&gas canadien exploration firm and they have been on a tear recently. So if there is a good speculative oil&gas stock to get long this one would be it. However, I can not stress enough that you should keep this long very small no matter if you are an experienced investor or a newbie. This is simply is too speculative.
SNG is bouncing off support near the 50 DMA and is breaking out to a new high, on very strong volume. Cut your final loss with a close below the 4.18 level, if the stock does not move higher immediately.
