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Bullboard - Stock Discussion Forum Arrow Exploration Corp V.AXL

Alternate Symbol(s):  CSTPF

Arrow Exploration Corp. is a Canada-based junior oil and gas company. The Company is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada. The Company operates through two segments: Colombia and Canada. In the Llanos Basin, the Company is engaged in the exploration, development, and production of oil within the Tapir block. Its... see more

TSXV:AXL - Post Discussion

Arrow Exploration Corp > Technical analysis
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Post by EagleHasLanded on Jun 09, 2022 10:25am

Technical analysis

In the past rising SMA 20 has performed as bottom for SP. probability for continuing upwards is at place. As all MA's are following up, strong momentum is in place. 0.43 is next resistance.
Comment by EagleHasLanded on Jun 09, 2022 3:17pm
MA20 currently @0.29, buy before it goes back up.
Comment by goldboyz2 on Jun 09, 2022 3:51pm
Unless we get some surprise news i dont think the sp is going to move much, .30 cents up or down a few penies imo could dip again and come back up because we now have to wait 4 weeks until we get production numbers on our step out well.  Once confirmed we hit another good well ( 500bopd net to arrow ) then we should move up into the 40 cents range based off RCE 2 productions results and the ...more  
Comment by EagleHasLanded on Jun 09, 2022 4:20pm
Thanks GB! Reasonable points you got! do you have the $30 subscription on level 2? Seems to be the one to show RT level 2? did you check out Guadalope zone? Maybe they encountered it?