Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.

TSX:GXE - Post by User

Gear Energy Ltd > Chart looking like starting into BUY territory

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Comment by lashingon Dec 12, 2022 12:34pm

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Post# 35166363

RE:Chart looking like starting into BUY territory

Yet its gone down
GXE has no support because people think the div is toast. The only thing propping this up at all is that div. Its a nuclear bomb waiting to happen.

Indicator wrote: RSI very oversold
Stochastic at bottom of channel and perking up
Money flow early but starting to firm
Oversold on Bollinger Band

Early signs of possible reversal

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