Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s): TRMLF

Energy Oil & Gas E&P

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil. It has ownership interests in 22 natural gas plants in the Alberta Deep Basin. It owns and operates seven natural gas processing facilities with an aggregate capacity of approximately 1.0 Bcf/d with related gas gathering systems and NGL handling infrastructure in the NEBC complex. The Company owns and operates two oil batteries in the Peace River Triassic Oil basin. The Company’s operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. Its Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower.

TSX:TOU - Post by User

Tourmaline Oil Corp (Alberta)

Bullboard Posts

Post by PetroLoonie1on Aug 21, 2018 8:19am

221 Views

Post# 28491262

Buy Signal at CanadaBulls.com

https://www.canadabulls.com/SignalPage.aspx?lang=en&Ticker=TOU.TO

TA system has given a buy signal and have found this site to be fairly good.

For example, a previous sell signal was issued at 24.97 prior to the steep plunge.

The site is free unless one wants the premium version.

TOU.TO

TOURMALINE OIL

Last Signal:BUY

Last Pattern:BULLISH HARAMI

Last Close:

21.4600

Change:

+0.0500

Percent change

+0.23%

Signal Update

Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed above the confirmation level which was at 21.4350, and our valid average buying price stands now at 21.4600. The previous SELL signal was issued on 02/08/2018, 18 days ago, when the stock price was 24.9700. Since then TOU.TOhas fallen by -14.06%.

Market Outlook

Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity. more...

Candlestick Pattern Chart

Pattern Description

This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”. more...