Nuvista Energy Ltd T.NVA

FWIW - TA

[Indicator]

NVA

Was a nice bounce off the low thanks primarily to the shorts. 

RSI now on mid way point - I like to see volume on RSI mid point crossing but this month low volume.

Short term indicators all look to be in early shape for up move, but this could stall at any time due to low volume and macro market picture (delta/economy).

Lagging MACD is turning corner as well so in a more robust market when I didn't want to go swimming every morning, I would have got on board at $3.09.

Might push back up to $4.00 +/- but I'm happy to vacation part time over August, until we see just how bad the Delta virus gets.  First wiff of beating the delta variant and it could be back to the races in the Fall.  On the other hand, my dentist tells me more lockdowns are coming this Fall ;-)  

I'll likely get back into some oily names if we get some hard pullbacks.  If it turns out NVA continues to climb unabated, I'll be happy to applaud from the sidelines in my swimming shorts :-)

Good luck!

[Sugaree]

Your dentist here in Canada thinks lock downs in the Fall? I find that very unlikely with our vaccination rates so high now and will only creap better over time. Canada is number 1, the best in the world for vaccinations. Delta is only hurting the losers that wont't vaccinate, fuc them IMO, selfish pricks already causing involuntary manslaughter, or should i say voluntary. why should the

[Claude13]

So sad that you're so angry, take ake a pill :)

[Claude13]

I meant "take a pill" :)

[alvarez2]

Who's angry ?

[Claude13]

Sugaree

[alvarez2]

My hairdresser tells me the Delta variant is beat and common sense tells me TA all the the short term noise means nothing in the long term.

[Oldnagger]

I get my info here concerning covid-19 trends  COVID-19 Weekly Trends by Country - Worldometer (worldometers.info) Seems neither we nor the USA or the world as a whole are out of the danger zone for rising case numbers. The only solution seems to be a very high level of vaccination. till that day arrives (if ever ) we will all need to be worried that a variant doesn't arise to set us all

[Sugaree]

I check that site every single day since January 2020 when I felt so sorry for Italy getting 4k a day. Who knew it was just the beginning of the biggest nightmare in 100 years. One thing i do know is that 99.9% of severe covd hospitaliazations are the unvaccinated. Doesnt take a rocket scientist to figure out what to choose, life or death. Turds that wont get vaccinated are so stupid they wouldn&

[alvarez2]

Avoiding vaccination seems really dumb to me as well. I don't buy into the conspiracy theories however some do and that's their choice. Not much we can do about it but protect ourselves. The information is out there for everyone to see.......what we choose to believe is the right thing to do is our personal choice. From an investment perspective and how a potential 4th wave could impact

[Oldnagger]

At last, both World and US cases are trending down.Regretfully not so for Canada however the death rate is extremely low.

[Sugaree]

Maybe not, USA's 30k report yesterday is still missing a bunch of states including Florida. Once all reported it may be flat to up on the week. But things are not nearly as bad as MSM is portraying it, but they have to put in the fear of god to all the knuckleheads that have not been vaccinated. 

[Oldnagger]

You mean Florida is one of the only remaining things stopping us from getting on our way ?? Was kinda hoping that Fred would take care of that problem LOL !!

[Sugaree]

Florida case count for yesterday (as well as many other states) has not been tallied into the nationwide count yet, when it does cases will be higher for yesterday and most likely the week over week will not be down as it shows now. But yes, Florida and many of the original confederate south states are dragging down the USA. Fukking morons, wouldn't even know they have all been vaccinated for

[Sugaree]

Now that the missing Florida and other states numbers are in, the weekly average went from -3% this morning to +14%. I just saw on CNN an anti vax catholic cardinal burke from St. Louis that has been spewing lies for months now, is in hospital on a ventilator. Most likely hundreds, if not more dead because of him. He is asking to pray for him, that is rich. https://www.worldometers.info

[Oldnagger]

Latest update World cases up 0.7% , US of Arseholes up 11 %. If it were not for the USA then the number of world case would already be trending down !!

[Sugaree]

Excellent analysis, food for thought, thanks.

[Sugaree]

Maybe, maybe not, stock is currently $3.39, would not surprise me if we closed above $3.50 days end.