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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > 85 RSI as overbought as it gets
View:
Post by Cobalt on Apr 18, 2022 3:35pm

85 RSI as overbought as it gets

Now we watch for a topping candle , short term pull back in the cards?
Comment by BOMAS on Apr 18, 2022 4:27pm
You don't think the extra 15 BCM to Europe will keep prices elevated? Quote from Apr12 link below: U.S. LNG exporters are set to make further inroads into supplying European gas markets to offset potential shortfalls that are likely following the Russian invasion of Ukraine. In March 2022, the U.S. agreed to supply an additional 15 billion cubic metres (bcm) of LNG to the European Union in ...more  
Comment by Cobalt on Apr 18, 2022 4:30pm
Sure but not this high , this last spike is on unseasonable cold weather , when things get 2 decades overbought they pull the rug , they dont call NG the widow maker for nothing , fun fun , look to add on weakness cheers
Comment by Burgersandfries on Apr 18, 2022 4:36pm
I don't think many investors are able to measure the impact this has it will take time for most to figure it out..I'm one of them that has no clue :)