By Chip Brian
source:mysmartrend.com
SmarTrend identified a Downtrend for Delta Petroleum (NASDAQ:DPTR) on May 06, 2010 at $1.25. In approximately 1 month, Delta Petroleum has returned 4.8% as of today's recent price of $1.19.
Delta Petroleum is currently below its 50-day moving average of $1.39 and below its 200-day moving average of $1.48. Look for these moving averages to decline to confirm the company's downward momentum.
Subscribe To
Posts
Comments
