United States Oil and Gas Corp (fka USOG)

[stockwrestler2]

"USGO is Witnessing a Double-Digit Bounce Play
The noticeable consolidation over the past few weeks on USOG has positioned the Company to be a solid rebound play, especially since many trading sessions did not witness volume that is but a small fraction of today's activity.
Hence, the resistance could be lighter, allowing for shares to SURGE upwards.
As I've watched today's trading, the support has increased along with the price so it looks like it is trading at good support levels...meaning there is still an increasing likelihood to see USOG a further uptick in market valuation.
And let's not forget something: USOG currently trades at SUB-PENNY levels thus providing investors with a potential to witness extraordinary gains in the near term.
Based on both fundamental and technical reasons, there is a near term to midterm opportunity for shares of USOG and rebound to higher levels.
Keep watching USOG trade since there could still be a good opportunity to capture some gains at these levels."