Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

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Athabasca Oil Corp > putting today into perspective.

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Post by smallcaptdr on Jun 14, 2022 7:22pm

putting today into perspective.

Just a glance at the green volume vr red volume you can see how the day’s trading went and you can see that if you survive the red days you'll be rewarded on the green days. Once you see the pattern you can be ready to buy on weakness or sell into the bull run. Remember, you sell into the bull run and you buy on the weakness. It’s a mathematical certainty that the difference will happen. One great indicator is that the red selling volume is shorter than the buying so this is not being oversold but prices are red and to be expected that’s why the green volume are the tallest tree in the neighborhood. GLTA JMHO (always DD)

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Comment by smallcaptdr on Jun 14, 2022 8:49pm

During the recent bull run when we hit $3.44 the buying actually started two days before any news and it started five days of solid buying plus there was news of being added to the Index and then the second news release on guidance so this pullback is just part of building a healthy SP my point is if any of them were buying for an investment which makes sense when prices got pushed up in the ...more

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