Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp > So is this a double bottom or not?

<< Previous

Bullboard Posts

Next >>

Comment by 65F09Aon Jan 05, 2023 4:02pm

173 Views

Post# 35205494

RE:So is this a double bottom or not?

Snowballer wrote: December 19 and 20th $5.51 low
January 4 and 5th $5.51 low

Are we more likely to break through support trenline with all these tests or are we moving up? MACD daily not crossed but touching. Feel like its a trick in either direction lol

Thoughts?

More than twice as likely we still go lower. 30% chance this is a bottom and 70% chance it isn't.

Cautious accumulation phase. No reason to be in a rush. The same as 3 weeks ago....

<< Previous

Bullboard Posts

Next >>

Rich TV Live's Stocks to Watch this week (June 28, 2024)