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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Double top on the WTI Chart @ $93's
View:
Post by Snowballer on Nov 09, 2022 9:44am

Double top on the WTI Chart @ $93's

See where we go here. $82, then $77?
Comment by Snowballer on Nov 15, 2022 5:46am
Will we see these targets hit? This is why I look for targets both high and low as oil continues to trade in its widening descending wedge.  
Comment by riski on Nov 15, 2022 9:19am
Where do you see WTI trading later this week? What about December 15? And then what do you see for Jan/Feb, 2023?
Comment by Snowballer on Nov 15, 2022 9:22am
why don't you heckle everyone calling for $100 plus? At least my targets are useful, decently accurate within near term targets and assist in timing some of my trades.  
Comment by masfortuna on Nov 15, 2022 10:19am
Hey Snowy! Nobody is heckling you.  I think his question is legit. I too can see oil go to $80 BUT I can also see it go to $100 in a few weeks. 
Comment by riski on Nov 15, 2022 10:31am
It's a legitimate inquiry. I'm curious if your system is actionable in a profitable way. For it to be actionable, some real predictions about where oil will trade in the future are required. Not just a general range above and below the current trading value.  But you didn't answer the questions.....
Comment by Snowballer on Nov 15, 2022 11:52am
It's actionable from where I sit.  That's all that matters. I'm not a circus monkey that dances on command or owes you anything.  I offer to some who are genuinely interested here what I think are highs and lows for the stock and the underlying... paired with other technicals and patience. The possiblities are the predicitions.. the live trading action evidences the ...more  
Comment by dllscwbysfn on Nov 15, 2022 12:21pm
My ? to Snowball is this, What is your % return for this year? I have held Bte well before this year but lets just look at this year for now. On Jan 1st the SP was 3.91, today about 7.25. Giving me a gain of about 85%.I am more than pleased with this. How have you made out trading, if you track these things?
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