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

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

GREY:BXEFF - Post Discussion

Bellatrix Exploration Ltd (Canada) > Waiting for the inevitable dip below $1 CAD
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Post by ERTguy on Feb 06, 2017 3:11pm

Waiting for the inevitable dip below $1 CAD

IMO anything below here short term is a BUY.  We are already in oversold territory and sub $1 is the obvious support level from November 29th.  I have capital ready to jump onto cheap shares.  Cheers
Comment by dinkdestroyer on Feb 06, 2017 4:41pm
I would advise caution in any Energy related trade since currencies, FX pairs and interest rates all appear vulnerable to continuation of the recent trend reversals, which would  indicate an environment which is counter to a sustained upside in commodity related equities. The weather continues to be problematic for gas and while a bottoming could develop, upside may be lacking. Most Gas ...more  
Comment by TheMoneyTeam on Feb 06, 2017 6:41pm
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Comment by Themandyman on Feb 06, 2017 7:23pm
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Comment by ERTguy on Feb 06, 2017 8:12pm
I'm talking about a short term trade.  I would have to agree fully with what you say.  Cheers
Comment by Themandyman on Feb 06, 2017 7:22pm
This post has been removed in accordance with Community Policy
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