Tourmaline Oil Corp (Alberta) T.TOU

Technicals

[bagcheese]

Closed well above all moving averages, 20, 50, 200.

Closed right on the upper trend line. 

$36.39 remians the next level to surpass which is 2.02% higher or .72 cents higher from today close.

Each day for many weeks, TOU has been rising on above average volume.

If TOU closes above $36.39 look for a nice easy run to $43.81

[Dogsbreakfast4U]

The next couple of quarterly results are going to be outstanding and the outlook for nat gas for the upcoming winter is very bullish. All of this to say that this stock will easily trade above $40 before the end of the year with an increased dividend.

[bagcheese]

Fair enough.. Nat Gas is trading at 3.71 in the face of WTI trading down .46 cents.. I think that due to the time and price being 2014 to present being a significant time the support/resistance levels in the 40's, namely 42.69 and 43.81 won't be hard to break through and claim as support. Remember these levels were set 7 years ago. I've presonally been buying shares since 2014 which