Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.

TSX:NVA - Post by User

Nuvista Energy Ltd > Energy Sector SPDR is rolling over

<< Previous

Bullboard Posts

Next >>

Post by Indicatoron Feb 16, 2022 3:35pm

136 Views

Post# 34435092

Energy Sector SPDR is rolling over

Canadian XEG and Cdn oily names getting toppy.

Most CDN oily names are pushing up against resistance, but need a catalyst and with the larger US XLE clearly pulling back now, Cdn names may be hard pressed to not also rollover soon.

https://stockcharts.com/h-sc/ui?s=XLE

NVA:
RSI has a little upside wiggle room left.
MACD looks to be topped out.
Full Stochastic is topped out and dropping

A return to 50 DAY MA would be my preference to add.

Good luck!

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario