Technovative Group Inc. (fka TEHG)

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Just got this e-mail.



New Trade Alert: Horizon Energy Corp. (OTCQB: HORI)

Modesty is one of my strong suits but I can’t help but bask in the glory of my latest string of winners. Indeed it keeps me motivated to continue delivering picks that can turn grey days into green and keep my readers happy.

I hope you’ve been enjoying the gains so far and have room for a bit more because I am about to unleash another gem on your trading screen.

HORI is engaged primarily in the acquisition, exploration and development of properties for the production of crude oil and natural gas, onshore in the United States. The company acquires underdeveloped oil and natural gas resources and develop them through the application of capital, sound engineering and modern technology to increase production, gain ultimate recoveries, or both.

HORI is what I like to call a sleeper with big-volume pop potential. In early April the company signed an option agreement for an oil and gas lease in Webb County, Texas. The land under consideration consists of two tracts totaling 1,340 acres located close to Mirando City.

The release gave some insight into the growth potential of the area and cited the fact that the county is a “legacy producing area that produces oil and natural gas from the Lobo and Wilcox formations and is home to a large swath of the Eagle Ford shale play.”

According to Texas oil and gas provider texasdrilling.com, there are currently 81 producing operators in Webb County, with 3,799 active leases that produced 7,859 barrels of oil and 35,368,299 MCF of natural gas in September, 2013.

Frankly I couldn’t be more bullish with HORI and the biggest reason behind that is Texas. The state is one of America’s most profitable for energy companies and ranks above several oil producing countries even.

HORI has positioned itself well and I believe that ongoing plans to explore more drilling prospects in Webb County makes it a must for any trader looking to stack their winners high.

“The U.S. energy revolution is transforming communities across the country, but the impact is the strongest in Texas. In areas like Webb County and other counties in South Texas, the oil bonanza has transformed the economy,” said Robert Bludorn, Chairman and CEO of Horizon Energy.

You can read the full release on the Webb County prospects here: http://finance.yahoo.com/news/horizon-energy-eyes-webb-county-123000615.html

I’d like to turn your attention to the crux of the matter for HORI – its awesome technicals.

The play has just come off a mini-rally (8% on very light volume). Since July last year more than 1,250% has been added to lower valuations.

A few pullbacks have featured in the story so far but when you consider that HORI has a 12-month high of .44 you can imagine buyers would seek to cash in.

On the flipside HORI has kept clear of bottom over the same period. The 12-month low is just .27 which sort of proves that this play has northbound aspirations.

RSI is presently well balanced at 49 and 50-day MA is up 170%.

There’s some solid momentum at work here and you’re seeing HORI at the right time (the play is ready for another northward climb).

I think you can keep my streak going by taking a look at HORI so make sure that you sew up some due diligence before the markets open.

Stay tuned for further updates on HORI and begin your due diligence HERE.

Don't forget to look here for the news that HORI announced recently HERE.

All The Best!

Mark Prince



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