Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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TSX:BTE - Post Discussion

Baytex Energy Corp > Reversal ?

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Post by MAJCH87 on Jun 24, 2022 11:04am

Reversal ?

Any chartist here seeing a reversal ?

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Comment by BayStreetWolfTO on Jun 24, 2022 11:08am

Cobalt/Snow, seem to be the ones who look at this. I have not seen them today.

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Comment by IndianSparrow on Jun 24, 2022 11:16am

Still under the downward trending line from 52 week high. Needs a break above 6.50 to confirm if this downtrend is over. 200 dma is still around 5.00 and has not been tested yet. This bounced back without testing that. GLTA.

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Comment by MAJCH87 on Jun 24, 2022 11:17am

Thanks Indian ! :) have a good weekend ! Might reenter next week bigger position

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Comment by Nothingmatters on Jun 24, 2022 11:50am

Downtrend will continue, thinking it will touch 3.50 by August...the bottom is not in...

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Comment by Cobalt on Jun 24, 2022 11:22am

Some of this stuff got down to a 30 RSI that is oversold , pretty much has to reverse off that other were showing my favorite reversal buy chandle , so ya

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