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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Today ARX is Trading Flatly. Tomorrow, What Is Coming?
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Post by javaman12 on Jan 27, 2023 9:59pm

Today ARX is Trading Flatly. Tomorrow, What Is Coming?

For the last 3 days, Arc's shares have been trading fairly evenly in price. But the volume of shares traded has been increasing by about a million shares each consecutive day. Technically for me, this is a very bullish sign.

Let the sellers go! Forget about them!

New shareholders are becoming, very keenly interested!

Arc's share price is poised to go higher.

The nat gas price seems to have stabilized at these present levels. And so has Arc Resource's share price. The bottom is in place. New buyers are now, stepping up to the plate.

Eric Nuttall buys heavily before he appears on BNN. Keep that in mind.

He takes care of himself first! That's his business. He's a stock promoter.

                                            All the best! Java
Comment by bdeparde on Jan 28, 2023 12:22am
I bought 2000 shares around $16. Let's go!  
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