RECAF - The best new oil stock for 2021?

Grandmaster76 Updated   
OTC:RECAF   Reconnaissance Energy Africa Ltd.
I hope this stock doesn't follow the "Sell in May, Go Away" yearly adage.

I first noticed it at $1.80, and was a great buy then. Rumors were circulating that this company had found major oil in Africa.

With the news that they had indeed located liquid gold, the stock shot up, and momentum carried it to new heights.

I put in a simulated investment so you can see the kind of returns you can get from this kind of stock and investing at the right time, not at FOMO.

It may sell off again now, and we will see whether it reaches buy targets at lower prices to re-bull up to it's boosted yearly target or $7.80.

Let's pray RECAF will give us another wonderful opportunity to put food on the table for ourselves and our loved ones.

Happy weekend!
RECAF is now up to an amazing $8.20, what an amazing rocket ship up!
We'll see if it retraces again, for the next buying opportunity, as it's overbought.
It has beat its price target for 2021.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.