Yesterday, Quetzal Energy Ltd (CVE:QEI), (PINK:QUEZF) stock became the favorite security on the market in terms of the volume traded. The stock passed through the trading session like a meteor, leaving behind investors’ hopes for future prosperity.
After the long and fevered for investors day, when the halted trading was followed by resumed bids, QEI stock closed the session like a real meteor with a slowly waning light of investor enthusiasm and a falling share price.
Although QEI rose by 13.51% between the sessions, a bearish shooting star was formed on the price chart at the end of the trading session.
This was a natural result from the passionate and furious trading of the shares on the latest positive news of the company. Then, the buyers’ pressure was irresistible.
QEI closed the market at $0.21 per share, confirming the new higher trading channel.
Yesterday, on more than 17 million shares changing hands a new 52-week high for QEI stock was hinted.[BANNER]
More than a month after Quetzal Energy Ltd. announced it intends to start the completion and testing of its Canaguay-1 well in Colombia, yesterday the company released the cased hole drill stem test summary.
Canaguay – 1 is the first drilled well in the company’s Canaguaro exploration and drilling program. The drilling began at the beginning of this June, and finished at a final total depth of 15,850 feet this August.
