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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

Energy Oil & Gas E&P
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 > Technical Analysis
View:
Post by retiredcf on Dec 26, 2024 12:56pm

Technical Analysis

Yes his comments are on TOU but as you can see, they are much more sector related than stock specific so they could equally apply to ARX. GLTA

BUY
Tourmaline Oil Corp(TOU-T)
24/12/2024

The 2024 chart is choppy, but there have been a series of higher lows. In mid-October 2023, we started a new 3-5 cyclical bull market, into the second half of 2025 or first half of 2026, but that's where the extreme danger zone is. As we get deeper into the cycle, the economy is running on all cyclinders which is when energy and materials are bid up. He remains constructive on energy. He's also bullish on natural gas.

Oil / Gas

Javed Mirza
$63.590
Unknown

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ARC Resources Ltd