Tamarack Valley Energy (OTCMKTS:TNEYF) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.07 and traded as low as $2.96. Tamarack Valley Energy shares last traded at $2.99, with a volume of 3,737 shares changing hands.

Tamarack Valley Energy Price Performance

The stock has a 50-day moving average price of $3.07 and a 200 day moving average price of $3.06.

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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