Wednesday, June 22, 2011

Isra-Mart srl: Energy Stocks Fall (GMXR) (ISRL) (HW) (YZC) (POWR)

www.isra-mart.com

Shares of GMX Resources Inc. (NYSE: GMXR) remained unchanged at $4.45. In the past year, the shares have traded as low as $3.98 and as high as $7.89. On average, 1995450 shares of GMXR exchange hands on a given day and today's volume is recorded at 74654. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $4.90 area but be careful because the stock may face selling pressure at this level.

Shares of Isramco, Inc. (NCM: ISRL) remained unchanged at $61.47. In the past year, the shares have traded as low as $43.41 and as high as $91.43. On average, 1382 shares of ISRL exchange hands on a given day and today's volume is recorded at 0. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $62.29 area but be careful because the stock may face selling pressure at this level.

Shares of Headwaters Incorporated (NYSE: HW) fell by 1.66% or $-0.0499/share to $2.95. In the past year, the shares have traded as low as $2.63 and as high as $6.41. On average, 558843 shares of HW exchange hands on a given day and today's volume is recorded at 73673. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $3.61 area but be careful because the stock may face selling pressure at this level.

Shares of Yanzhou Coal Mining Co (NYSE: YZC) fell by 2.31% or $-0.9/share to $38.07. In the past year, the shares have traded as low as $18.29 and as high as $39.83. On average, 291217 shares of YZC exchange hands on a given day and today's volume is recorded at 58016. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $38.01 area where the stock will likely see buying pressure.

Shares of PowerSecure Intl., Inc. (NASDAQ: POWR) fell by 2.00% or $-0.15/share to $7.34. In the past year, the shares have traded as low as $5.90 and as high as $11.05. On average, 131263 shares of POWR exchange hands on a given day and today's volume is recorded at 4040. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $7.54 area but be careful because the stock may face selling pressure at this level.