Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.

TSX:ATH - Post by User

Athabasca Oil Corp > Cup and Handle for the third time??

<< Previous

Bullboard Posts

Next >>

Post by Asphalt20on Mar 10, 2022 1:25pm

312 Views

Post# 34503681

Cup and Handle for the third time??

I an NOT a technical analyst by any means, but when I look at the 1 year chart of ATH this is what I see:

a cup starting around July 1 and ending around Nov. 2, with a jump to $1.55 on Nov.9
a second cup starting on Nov. 9 and ending around Mar. 2 with a jump on Mar. 8 to $2.47

To me, it sure looks like we are starting a THIRD CUP (that started on Mar. 8), comments???

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?