Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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.


TSX:BTE - Post by User

Post by red2000on Jul 21, 2024 10:46am
529 Views
Post# 36141686

View on X !

View on X !
I hope Q2 results will support the chart below !
 
Baytex bounced off minor support on Friday, indicating initial buying interest at that level. We are currently building a cup and handle pattern, which is typically a bullish continuation pattern. If we hold Friday’s low, it might provide the foundation for potential consolidation right under resistance. This consolidation phase could set the stage for a breakout above resistance, either now or shortly, as the bullish pattern completes and buying momentum strengthens.

Image
$BTE bounced off minor support on Friday, indicating initial buying interest at that level. We are currently building a cup and handle pattern, which is typically a bullish continuation pattern. If we hold Friday’s low, it might provide the foundation for potential consolidation right under resistance. This consolidation phase could set the stage for a breakout above resistance, either now or shortly, as the bullish pattern completes and buying momentum strengthens.
<< Previous
Bullboard Posts
Next >>