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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:VRN - Post by User

Veren Inc
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•••
Post by Mrlongpantson May 23, 2023 1:50pm
336 Views
Post# 35460581

TECHNICAL INSITE. GLTALongs.....

TECHNICAL INSITE. GLTALongs.....
Continuation Wedge (Bullish)Daily2023 May 19
 
 
Intermediate-Term Bullish
Volume 2,176,778
Close Price 9.10
Target Price 10.60 - 11.00
Pattern Duration 23 days
Inbound Trend Duration 83 days

Tells Me: After a temporary interruption, the prior uptrend is set to continue.

A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.


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Dealroom for high-potential pre-IPO opportunities