Tamarack Valley Energy Ltd T.TVE

$80

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Nice recovery for Oil from $77 getting back above the $80 phycological waterline. ATH & TVE pulled off finishing up today and it shows that these Oil plays BTE, CPG, ATH and TVE are starting to weather the bad days a little better than they did back when Oil first hit $90 on the way down shocked the ones who said that $100+ Oil is here to stay and the panic hit our Oil plays hard and now we have entered into the $70+ and the Oil plays are nowhere near their lows last time we hit $76 plus dropping twice into the $70+ has happened relatively close to each other last time being Sept 26th tipping into $75 and this time it's happening under OPEC cuts which will become ineffective in keeping Oil higher during these deteriorating times and China's move to cut back on Oil deliveries in Dec opened the eyes of the doubters that the times that we are heading for is one of weakening demand and there's really no bullish drivers right now plus we blew through $81 support heading down to test $76 but never got there hitting $77 so now Oil most likely will rebound Sunday unless something happens overseas highlighting softening demand that could push Oil back down but for now after a week of selling its time for Oil to head back to $85. Today was a great trading day finishing off a volatile week.


Here's a look at how the 4 Junior plays have faired this week


BTE



CPG



ATH



TVE