ERHC Energy Inc (ERHE)

[DegenerateGambler]

As far as TA is concerned, one MUST ask if this is a news driven stock (i. e. Events) or earnings driven stock. Since, as of yet, there are no earnings using TA is NOT appropriate. Predicting news is impossible and only guess work. All past jumps in this stock have had to do with "hope" that good news would be coming "soon".
Some posters here would "push" this hope to a frenzied level and drive the SP higher and higher. When the hope vanished, like in no oil, the SP would drop. This has nothing to do with TA and using TA on this stock is absolutely worthless IMO. The simple truth is, when there is good news the SP goes up, when there is no news or bad news the SP goes down. This CAN'T be predicted by using TA.