Baytex Energy Corp T.BTE

Oil Still Below 200DMA - Still A Bear Market

[Snowballer]

EOM

[Snowballer]

We could see the 200 Weekly Moving Average get tested at around $65 WTI in the next few months. Won't go straight down but let's see how bad things get into 2023 with the world economy.

[woodsmen]

You talk to yourself like smallcaptdr what a coincidence!!

[Snowballer]

And you don't say much even when you talk.  what a dissapointment. I respond to the thread (whether it's mine or not)

[woodsmen]

Oh perfect you said the sky is falling in 3 consecutive posts..... Thanks for the insight!! See you at $100 WTI.

[Snowballer]

If you were more nuanced you would know that I said nothing about the sky.

[woodsmen]

Okay snowballer

[masfortuna]

Or we could not...

[Cobalt]

Welcome back and yes it is but we all bought at 25 cents to no risk managment needed LOL

[JohnnyDoe]

Cobalt you played the "look at me, I'm always right" card with your calls. Surely you're smart enough to know how all the flipping messages will be received on a bull board? You kind of got soundly beaten down and now you want to throw 25 cents in to every post?I am with wokelemming, I used to enjoy your content. I didn't necessarily agree, but it was interesting. But at this

[Cobalt]

See if we can hold above $84 or fall back into the down chanel and the OPEC cuts was a false break out

[Canukiwi]

Sure looks like false breakout. Oil now up, over $89.

[riski]

Or the tumble below $100 this fall was a "false break down".  See I can do it too. What is with the fortune telling in hindsight? As if every move in the short term price is explainable and can be anticipated. Total BS.  Long term movement is easier to see and we are going to be having oil prices jumping above and below $100 for several years to come.  Short term? I