Nuvista Energy Ltd T.NVA

Buy buy buy

[Carjack]

Backing up the truck

[Carjack]

Bounced off the 200 dma

[Indicator]

NVA might bounce off 200 MA, but no signs of a sustainable reversal just yet.   I'd far prefer to see a solid washout in low $11's then a few days of consolidation opportunity. If the OIL commodity stars align ... buy in January for long hold position . . .  The Seasonality Effect on Oil Prices and Canadian Crude Differentials https://www.oilsandsmagazine.com/market-insights

[Sugaree]

My guess is a lot of tax loss selling in the O&G sector coming up. Save maybe ATH, MEG and a select few others. I got back into NVA and sold out almost as soon as I got back in, too scared, and looks like I was right. Oil is just so hated. It sickens me the money these companies are making and their valuations suck.  Should be buying today, but again, too scared, lol. You might be

[Carjack]

The bottom is in the technicals, Indicators comments are always spot on. NVA could hit 10.80 but I'm in long term and during covid I could be down/up 10k in a day. I made my 3000%  return and really have very little to loose. We rode the ride up now we ride it sideways into the first quarter next year, then we put the rocket back on the pad and head for the moon.