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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) > 1.30s the new support
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Comment by ERTguyon Dec 13, 2016 10:21am
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Post# 25591215

RE:RE:1.30s the new support

RE:RE:1.30s the new supportExactly.  I expect a dip to the 200 day moving average at some point but I think i will be brief.  My line of thinking here considering the fundamental change to support a higher commodity price, logically if the price were to dip it should bounce off the 200 day at 1.25.  Cheers
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