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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada) > Technical breakout today
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Comment by ERTguyon Dec 01, 2016 4:02pm
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Post# 25542694

RE:RE:Technical breakout today

RE:RE:Technical breakout todayWe just needed a close above 1.10 which was short term resistence and where the upper bollinger band line stood.  We've seen great volume over the past 2 days so I think we move above 1.20 within the next 5 trading sessions.  Today's close of 1.12 is very positive in the short term and once Oil breaks it's resistence at the 51.70 level which it will, you can sit back and enjoy the ride.  Cheers
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