Voyager Oil & Gas Testing 200-Day Moving Average

Shares of Voyager Oil & Gas

are trading higher on the session by 16.07%, at $3.73. Shares have been consolidating below the $3.60 level for most of the session, but have now broken out. Voyager Oil & Gas is now testing the 200-day moving average. Given the high volume (4.5x the ten day daily average), overbought status, and the resistance at the 200-day, expect shares to find a top around here. Though not a short candidate at the moment, the price action today and tomorrow could change that. Voyager Oil & Gas, Inc., formerly ante4, Inc. is an exploration-stage company. The company was formed for the purpose of exploration, exploitation, acquisition and production of crude oil and natural gas in the continental United States.