Talisman Energy Inc.

by Josh Talisman Energy Inc. ($TLM) is continuing it’s move to the upside, up $.17 (1.47%) today to $11.74 on a volume of 2,785,930 shares. Shares have been printing lower lows and lower highs since October, forming a descending wedge pattern. Shares gapped up yesterday outside of the wedge and are thus far continuing to rise today.

Shares are nearing resistance at $11.80 which served as support in November priory to becoming resistance in December.

52 Week Range $10.34-$13.38 Market Cap 12,169,331,462 Average Volume 4,174,414 Dividend Yield 2.33% Institutional Ownership 99.40% Insider Ownership: 0.00% Percentage of Float Short 0.70% Beta 1.51

Talisman Energy Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Talisman Energy Inc. Talisman Energy Inc., is an oil and gas Company. Its main business activities include exploration, development, production, transportation and marketing of crude oil, natural gas and natural gas liquids.

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