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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil... see more

TSX:TOU - Post Discussion

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Post by ngtraderng on Feb 02, 2022 11:29am

$50 resistance

Once it breaks it will start a new leg up to the high $60s or low $70s
Comment by bagcheese on Feb 02, 2022 1:20pm
There's actually no resistance at $50. If we can close above $47.80 today or whenever, there's no technical resistance until the mid-50's. If you're talking about psychological resistance in the number / price of $50 ..TOU blew past the $40 level like it didn't even exist. I don't think there's many people with shares in the $50 plus level except Mike Rose and he ain ...more  
Comment by Beakr123 on Feb 02, 2022 4:14pm
Had a nice close today. Lets hope you are correct and we continue to see this move upwards.
Comment by bagcheese on Feb 02, 2022 4:54pm
Hold me to my call over a month ago we would break $50 by March too.. up 12.82% in last 4 trading days ..that's good money. Beats a 1.5% GIC lol
Comment by GunnerG on Feb 04, 2022 10:18am
Slowly eating away at the log jam at $50 Hope you are right ngtraderng, looking great so far.
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