ARC Resources Ltd T.ARX

Top Pick

[retiredcf]

Last stock in the clip from a technical analyst. He and his family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/shows/market-call/2024/10/28/keith-richards-top-picks-atkinsrealis-group-paypal-holdings-and-arc-resources/

TOP PICK
Arc Resources Ltd(ARX-T)
28/10/2024

A lot of oil stocks are moving in kind of a range. This one broke out of the range and is not pulling back to the old neckline. He feels that based on a longer history of moving in an uptrend it is OK to start stepping in. He doesn't expect oil to do much until the winter.      Buy 17  Hold 0  Sell 0

(Analysts’ price target is $36.66)
Oil / Gas

Keith Richards
$23.590
Owned

[Quintessential1]

See that puddin' pop.   His technicals say that your technicals suck.   A lot of oil stocks are moving in kind of a range. This one broke out of the range and is not pulling back to the old neckline. He feels that based on a longer history of moving in an uptrend it is OK to start stepping in. He doesn't expect oil to do much until the winter.  (Analysts’ price

[Westcoastenergy]

Thanks for that post.  Let's hope Keith Richards (the analyst, not the musician) is right.  $36.66 would be a beautiful thing, particularly if the dividend followed in lock step!

[coolfooldumbguy]

Well guys,that musician might also be right by getting your  ya yas out and rock and rolling your way to wealth with one of my favourite bands : the Rolling Stones and you should also remember that you can't always get what you want but you get what you need,so that's alright too.