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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Post by soundandfuryon Jul 28, 2022 6:19pm
212 Views
Post# 34858462

Next technical will be to close above $9.89

Next technical will be to close above $9.89That is the 50 day moveing average..........then that will become the new support level and will lead us to the $10.60 level ..........my guess is $9.89 will be breached within the next few days.......$ 10.60 in a couple of weeks..........the rsi is @53 so still has room to run.......rsi is relative strength indicator and i like to think of it as fuel in your tank......53 is about 1/2 a tank
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