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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada)
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Post by Indicatoron Jul 08, 2016 7:24pm
313 Views
Post# 25037266

DingleBerry - lol - I like it.

DingleBerry - lol - I like it.Chart is saying a little firming event today but not everyone is convinced yet.

Coming off the 3rd recent $1.20/1.30 bottom and now approaching RSI mid point, so it will take conviction and consistent volume to get this over the next resistance hump and hold at that level without sliding back.

Stochastic plenty of room to run but not a huge amount of conviction yet.

At very least, if this gets above significant resistance and holds, it just might be the beginning of new trend.

If it struggles and doesn't hold above resistance, just dump it and wait for another chance to play the miserable range. 

Note: consult Diva for the precise support and resistance levels - LOL

https://stockcharts.com/h-sc/ui?s=bxe.TO












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