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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Technicals Revisited
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Post by IndianSparrow on Jun 08, 2022 9:50am

Technicals Revisited

BTE finally broke through the 5 year high trade sp of 8.34 at yesterday closing. And a confirmation of that breach today with sp moving up. Now trading at above 8.50 Which brings into focus the 10 year chart. And this is where it gets very interesting. The gap up should be taking this to the next support resistance area sitting at $15-$20 range. There is no resistance till it gets there. GLTA.
Comment by Cobalt on Jun 08, 2022 10:00am
It is all blue skys in my book no resistance, 5 year holders are long gone large enough % anyways , 10 year holders being resistance not in my book :)
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