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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 > As A Reminder To Not Get Carried Away..
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Post by Snowballer on Aug 02, 2023 11:09am

As A Reminder To Not Get Carried Away..

I pose this exercise to myself: If I asked an 8 yr. old chid to point out all the tops on a  1 year chart chances are they would be able to point them out. And then I look at all the evidence and try to act rationally.

Today was another reminder to just be watchful/careful. GL to all and let the journey of trying to get back to the highs begin... once again.

I'll be buying on the weakness and evidence of reversals as they come and if I can catch them.

Comment by Snowballer on Aug 02, 2023 11:11am
4h MACD about to cross to the downside. All the guys saying "buy,buy,buy" haven't a clue.
Comment by masfortuna on Aug 02, 2023 4:24pm
And closed pretty much EVEN for the day...So those "clueless guys" I guessvare in the green...
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