New York (DeceSynergy Resources Corp. (AMEX: SYRG), an oil and gas operator in Colorado focusing on the acquisition, development, exploitation, exploration and production of oil and natural gas properties located in the Wattenberg field in the D-J Basin in northeast Colorado, is marginally higher in mid-day trading today.
SYRG is currently trading 0.43% higher at $4.72 on above average volume of 269,208, which is above the daily average volume of 228,630. SYRG hit a 52-week high of $4.82 in trading today before paring some of the gains.
SYRG has been gaining momentum over the past couple of weeks. The stock is trading close to $4.90 resistance level. If SYRG can break through this level then the upward trend will continue.
SYRG has been gaining momentum after the company recently completed the acquisition of assets from Orr Energy.
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Direxion Daily China Bull 3X Shares ETF (NYSE: YINN) is marginally higher in mid-day trading today. At last check, the ETF was trading 0.06% higher at $16.92 on volume of 18,441, taking its gains in the last three trading sessions to over 2.6%.
YINN is an exchange traded fund seeking daily investment results of 300% of the price performance of the BNY China Select ADR Index, which is a free-floated capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on the stock exchange in China and also have their ADRs listed in the U.S. Year-to-date, the ETF has gained more than 3%.