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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Comment by Sunsurfer12on Jan 12, 2022 3:18pm
193 Views
Post# 34309797

RE:RE:RE:RE:Going up to fast?

RE:RE:RE:RE:Going up to fast?usually watch combination of hourly and daily MACD/RSI and compare against Elliot Wave...all seems to suggest that when looking at ARC and USO, on balance of probabilities, we are getting lofty...not to say we can;t go higher as I find techncials are not perfect, but wouldn't be surprised if we get a pullback in next week or so before we eventually resume the march upward to $15-$16 area, another retrace and then higher..doesn't mean sell everything..but maybe consider to start putting in some hedges or covered calls for a % of your holdings the higher we move up
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