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McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

McCoy Global Inc. provides equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based platform and digital infrastructure enables digital product offerings and enhancements. Its real-time, remote data transmission infrastructure supports its ability to integrate, digitize and automate the historically manual processes of tubular makeup through its smarTR. Its smarTR product suite includes VTR Virtual Thread Rep, smartCRT Casing Running Tool, smartFMS Flush Mounted Spider, smartTong and smartTSA Tailing Stabbing Arm.


TSX:MCB - Post by User

Bullboard Posts
Post by OptsyEagleon Jan 14, 2011 1:57pm
195 Views
Post# 17973823

It's Formed a Double Top

It's Formed a Double TopMCBs chart does not look good.  It has unfortuneately formed a perfect double top and it could not break through to new highs.  Since it has broken through its support around $3.30, I would say it's next support level is down to $2.75.  That's the problem with these stocks that have big moves.  They move big in both directions.
Bullboard Posts