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.

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Nuvista Energy Ltd > NVA held well at mid $9's support

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Comment by Sugareeon Jun 28, 2022 11:07am

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Post# 34787519

RE:NVA held well at mid $9's support

You are the crystal ball for sure. Good to see things are back to looking upward in your technical analysis. The fundamentals have been here for a long time, but always hard to fight the tape.

Indicator wrote:
- Leading indicators Stochastic and Williams %R turning up
- RSI approaching mid point and might stumble a bit there
- Accum/Dist line showing buyers stepping in
- Still trading below mid Bollinger band
- Hoping for a re-test of $14+/- but not in clear sight yet
- - Lots of room to run!

Good luck!