Triple Top Breakouts Featuring Market Mover Challenger Energy Corp. (AMEX: CHQ; TSX: CHQ), Article by


Dallas, TX -- (ReleaseWire) -- 06/30/2008 -- announces the publication of Breakout for CHQ; highlighting public companies on the move and what’s behind the surge.

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“Challenger Energy Corp. is a Calgary, Alberta, Canada-based oil and gas exploration company. The company's objective is to explore for, and develop, high impact "world-class" oil and gas prospects that provide shareholders with "home run" opportunities…

“The company announced June 26, 2008, that the “Bounty” well the company has tested for natural gas indicates promising results. The drilling records material content as samples are cored. Records show carbon at certain depths which usually accompanies natural gas…

“Both the weekly and daily charts show an RSI(14) extremely overbought. MACD is indicating increased momentum on this powerful move...”

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