Yet another recommendation by Invest-tech today: http://www.hegnar.no/analyser/article410541.ece

Article by: Øystein Schmidt (Hugin Online - 17.2.10 11:21)

The stock rose nicely on the Oslo Stock Exchange on Wednesday. - Questerre Energy is today's acquisition, said analysis house Investtec.

In a report Wednesday Printer analysis house Investtech that oil player Questerre is today's purchase candidate on the Oslo Stock Exchange.

- Questerre Energy is a rising trend and a continued positive development within this trend is indicated. The price has also broken a resistance level in the short term and given buy signals from short-term trading range. The stock has support at around 11.90 kroner (2.12 CAD). The volume has previously been high around the price peaks and low around the price bottoms. This trend strengthens the overall picture. RSI diverges towards negative rate, which indicates the risk of a reaction down. The stock is considered overall technically positive for medium term, writes Investtech.

Questerre rose Wednesday 2.47 percent to 20.70 kroner. The stock is down about 1 percent in the past month.