There is no clear indication as of to why Robinhood is placing a limit on HUSA . The latest news only indicates it is heavily undervalued at 90% below evaluation. I see no evidence of heavy shorts, high influx in volume , or other indicators to warrant a limit being placed by any brokerage. I would keep my eye on this stock as there are signs of life for potential...
Day 1 - This stock was found using the following rules
1) price under 15
2) volume over 200k
3) price above 50 sma
4) price above 200 sma
5) float under 50M
6) relative volume over 3 *
Testing out if those inputs equate to favourable outputs
Holding period - not determined in the set of rules, testing how the rules react first
HUSA can have a monster day tomorrow already up %10 percent after hours. I'm in at $2.08, don't chase it but we got first resistance at abt $2.75. swing ether overnight or into the end of the week will hope to take profit tomorrow
also room to move on 1 hour RSI and MACD can go up
good luck happy trading
Checking the weekly and daily timeframes, HUSA has touched the 100EMA 4 times and on its fifth, may come down to horizontal support which is very near the 100EMA around .14, but it has room to run. Not financial advice.
Two horizontal lines, one support one resistance control HUSA.
Houston American Energy Corp. is engaged in the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. The company was founded on April 2, 2001 and is headquartered in Houston, TX.