Bullboard - Stock Discussion Forum Bellatrix Exploration Ltd (Canada) BXEFF

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Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's... see more

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GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > Next resistence at 1.33

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Post by ERTguy on Dec 09, 2016 10:24am

Next resistence at 1.33

From the Gap down in July. Not surprising the move today considering the price of NG and the blistering cold weather in western Canada. Let's make this deep freeze last awhile shall we! Cheers

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Comment by stockstarker on Dec 09, 2016 10:51am

We will make sure it last alot longer but we are sending it east, enjoy.

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Comment by Nessrookie on Dec 09, 2016 8:20pm

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Comment by righand2 on Dec 10, 2016 12:01pm

Probably a huge mistake selling. Natural gas prices are getting ready to skyrocket, and with the non-OPEC production cut agreement today, oil prices are going up as well. BXE could be $2 in a couple of months.

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Comment by Nessrookie on Dec 10, 2016 4:06pm

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Comment by marketdiva on Dec 10, 2016 4:49pm

Several catalysts at play here....first bxe has good leverage to rising commodity prices ....with opec and non opec prices moving towards 60-70 ... Bkrpt fears now officially gone Momentum traders will come in now that bottom is in ..... tax loss season ends earlier and earlier

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