Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

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Baytex Energy Corp > Cobalt, RSI WTI vs Stocks

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Comment by Cobalton Feb 08, 2022 4:08pm

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Post# 34410098

RE:RE:RE:Cobalt, RSI WTI vs Stocks

Super easy draw a line connecting the tops March , july , Oct , and Friday , 4th time that upper rail turned us back , that is why i brought it up Friday i think , not that one indicator tells all the more you have the better the odds to call it

BayStreetWolfTO wrote: I think he is probably a WTI day trader. Always has fancy charts. While I'm not a chart person it is always interesting to listen to him.

He said WTI was toppy at $92 last week and saw a correction below $90 this week before the next leg up.

I assumed stocks would follow the moves...I guess he was right. Not that I would trade it anyways.

Cobalt wrote: WTI daily showing 65.5 RSI topped out this run at 77.5 ish last pull back Jan 24 got bought at a 63 RSI. The 3 hour chart got down to <40 looks like he got his number from a 3 hour chart , day trading