Tamarack Valley Energy (OTCMKTS:TNEYF) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYFGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.19 and traded as low as $3.15. Tamarack Valley Energy shares last traded at $3.15, with a volume of 9,757 shares trading hands.

Tamarack Valley Energy Price Performance

The company has a 50 day simple moving average of $3.19 and a 200 day simple moving average of $3.05.

About Tamarack Valley Energy

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Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.

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