Bullboard - Stock Discussion Forum Vermilion Energy Inc. T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

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TSX:VET - Post Discussion

Vermilion Energy Inc. > 50day

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Post by Natgasbc2021 on Apr 19, 2021 12:45pm

50day

50day just broke bad news algos will punish this now.... Should have went with plan and dumped this am

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Comment by Pandora on Apr 19, 2021 12:52pm

https://www.tradingview.com/symbols/TSX-VET/ Can you explain your statement re the numbers on the chart please.

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Comment by Natgasbc2021 on Apr 19, 2021 1:11pm

that's a terrible chart... But go to technicals and Simple Moving Average 50 day.... https://stockcharts.com/h-sc/ui go there and search for VET.to

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Comment by Pandora on Apr 19, 2021 1:47pm

OK https://stockcharts.com/h-sc/ui?s=VET.TO Now that we have the chart that you favour and it shows the current price touching the 50 day moving average and looking at the previous 6 months where it briefly broke below the 50 day line at the end of January I was just wondering how you preclude from this that the price will be punished? Sorry I'm not a tech guy so just wondering how one ...more

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Comment by Natgasbc2021 on Apr 19, 2021 1:53pm

FYI i am still holding (eye roll) when i told myself sell if it broke 50day.. Maybe headed tp $8.30s lower BB next unfortunately. I hope I am worng but with WTI moving up and this headed down any pullback in WTI will get it there quickly IMO

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