Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

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Baytex Energy Corp > So is this a double bottom or not?

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Comment by Snowballeron Jan 05, 2023 3:45pm

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Post# 35205441

RE:So is this a double bottom or not?

It's tough because I'm bullish on supply story (tight) but bearish on demand (recession fear etc.) lol. Seems like oil could jump or drop.

Snowballer wrote: December 19 and 20th $5.51 low
January 4 and 5th $5.51 low

Are we more likely to break through support trenline with all these tests or are we moving up? MACD daily not crossed but touching. Feel like its a trick in either direction lol

Thoughts?