Baytex Energy Corp T.BTE

New High, Over the 200DMA

[Snowballer]

EOM

[Snowballer]

80 RSI  (watching to see how long it will stay in overbought territory.)

[Snowballer]

My exit target is somewhere between $6.15 - $6.22

[dllscwbysfn]

If wti stays at this level my exit target is double yours. I need some time though!!!

[Snowballer]

Certainly a possibility over the next 6 - 8 months if, as you say, WTI stays at higher prices.

[masfortuna]

Snowy this will follow the oil price up.  When the oil price takes a breather, so will BTE. As an fyi I too see this as overbought on a 1 month timeframe BUT it it did drop  from $9.30 high and followed oil all the way down into oversold territory.