Bullboard - Stock Discussion Forum 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... see more

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TSX:BTE - Post Discussion

Baytex Energy Corp > Everyone talking long term bull market for oil

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Post by Snowballer on Mar 01, 2023 1:05pm

Everyone talking long term bull market for oil

We are in a bear market if you didn't know lol. Wait for the weekly price action to test the weekly 200 moving average and that would be around $66 ish WTI... that would be where I target the next major support in a capitulation event.

There is lots of room to the downside here on oil and in bear markets the downside has more pull so to speak.

286

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Comment by dllscwbysfn on Mar 01, 2023 2:28pm

Hmm, I thought we were in a commodity super cycle, lol. Last week you called for 60 now you are up to 66. I see a trend, HAHAHA.

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Comment by GambinoB on Mar 01, 2023 2:37pm

Guy is a clown. Probably busy digging an ice hole looking for fish This guy is probably an IHOP cook with a phone comment between flips of the cake lmfao Probably serving tea to the queen lmfao

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Baytex Energy Corp