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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

Energy Oil & Gas E&P
NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Nuvista Energy Ltd > Indicator
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Comment by Sugareeon Oct 13, 2021 11:15am
134 Views
Post# 34001035

RE:Indicator

RE:IndicatorCouldn't resist, bought back the entire 25% i sold last Thursday and grabbed an extra 1400 shares this morning!

I think controller is right, $8.00 by year end. I will reevaluate my position around Xmas to New years.

Sugaree wrote: RSI hit 84 at $5.85. I swore months ago next time it got to 83 I would sell and get back in later. But with FOMO, I only sold 25% of holdings there. Just had to. I firmly believe oil is in a bull run for some time, but just a little ahead of itself. Time will tell if I made the right move. Just no way I could sell out, lol.

Your technical analysis provide any thoughts on this being at or near a short term top?


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