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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

Energy Oil & Gas Drilling
ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in the United States under Discovery Downhole Services and Rime Downhole Technologies. The Altitude Energy Partners specializes in providing solutions for the energy sector. Its directional drilling services includes mud motors, rotary steerable system (RSS), measurement while drilling (MWD), and real-time operations. The Discovery Downhole Services specializes in providing drilling solutions to meet clients' needs. The Rime Downhole Technologies is an engineering company specializing in crafting products for the downhole MWD industry. Its services include rentals, training, maintenance, and repairs.


TSX:ACX - Post by User

ACT Energy Technologies Ltd
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Post by BossTauruson Jun 28, 2011 2:29pm
355 Views
Post# 18775202

Are energy plays in for a bounce?

Are energy plays in for a bounce?I bought some CET a few days ago at $6.95.

I'm seeing a lot of great energy plays shaping up, CET being one. I'm wondering if we're going to test $8 to $8.50 (or to the 50SMA, which ever comes first) as new resistance over the summer. CET looks a lot like it did back in May/June of 2010.

At least it looks to be showing a little bottomy-like behaviour here.
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