RE:Cobalt / SnowballerSnowy: Here's Investopedia's definition of technical analysis:
What Is Technical Analysis?
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysis, which attempts to evaluate a security's value based on business results such as sales and earnings, technical analysis focuses on the study of price and volume.
OK so Good Nuttal, lmfao must depend on fundamental, Warren Buffet type analysis. So what's good Nuttal think about bte's rising per boe break even price in Eagle Ford while wti is declining? There's a video out there where in 2022 he predicted bte $18 by now. They posted the video on Baytex investors group on Facebook.
True, he predicted that prior to the Ranger acquisition. After that, the fundamentals have changed. What is he predicting now with these new fundamentals? $30 per share? Fact is that he doesn't have any more of a clue than any other fundamental oriented investor.