The trading action on Friday was very important for junior oils—and very bullish.

The market rallied strongly, in spite of disappointment out of Europe on Thursday.

What’s even more impressive is the fact that traders were willing to buy big, and take on risk, before a long weekend.

But here’s what has just triggered my buy signal:

I saw double and triple crossovers of moving averages — such as the 10-day moving average (dma) moving above the 20 dma AND the 50 dma.

These tend to be more reliable signals, as they provide essentially smoothed data, and less frequent signals.

You see, this is one of those times when great investors flourish… seizing opportunities that can increase their portfolios by magnitudes.

Fortunately I know the one junior oil producer that could excel the greatest in this uptrend.

It is growing the fastest, and the most profitably, of almost any other junior in Canada.

It’s my favourite North American oil stock for 2012; I see a lot of upside this year for the stock, in light of its strong and profitable production growth.

In fact the way this play has come together up to this moment is striking…

Last year the company acquired a huge oil resource—and was able to produce more per well than ever before. 

They brought in cash through smart Joint Venture agreements… and have blown the market away with much better drilling success than investors expected.  And the numbers continue to get better by the quarter.

They have low debt, high growth; they have both the balance sheet and the income to withstand market volatility.

On the whole, it’s a tremendous set-up for OGIB subscribers to win.

And you can prepare yourself to take advantage – of what could be a bullish run in the markets – by reading my free research right here.

Kind regards,

Keith Schaefer
Publisher, the Oil & Gas Investments Bulletin

CLICK HERE FOR ACCESS TO MY # 1 JUNIOR OIL PICK