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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Post by WINDGOD46on Aug 17, 2021 7:40pm
225 Views
Post# 33721449

Moving averages and Stop loss orders

Moving averages and Stop loss ordersA lot of people tend to put "stop loss" orders right bellow the 20,50,100 or 200MA. That is a no no for the shorts know that and press the sale bellow these MA'S to generate bussiness for themselves. They can trigger those Stop Loss orders and  effect the sale. I do not put stop loss orders I can monitor the movement of a stock in a volatile day. People lose money because the Crooks, Shorts and company trigger the stop loss orders. So smarten up guys all those who are rookies in the market.
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