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 > Technical Analysis

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Post by retiredcf on Nov 11, 2023 6:33am

Technical Analysis

When taken with a grain of salt. GLTA

HOLD

Baytex Energy Corp(BTE-T)

10/11/2023

Has reduced energy exposure. Unsure on direction of sector. Believes over bought. Seasonality is weak until February. Has sold half of position.

Oil / Gas

Keith Richards

$5.590

Owned

475

Comment

Comment by Cobalt on Nov 11, 2023 10:49am

200

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Comment by Cobalt on Nov 11, 2023 10:56am

Wow that double top was bang on straddling the start of Nov, crazy 20 year data. Now what back to $6.15ish? then what big dip to mid Dec?

193

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Comment by Antonyius on Nov 11, 2023 3:16pm

So this guy sold on a big dip? He must follow the buy high sell low school. Why didn't he sell earlier when it was actually "overbought".

136

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Comment by Retiredgeo on Nov 11, 2023 3:53pm

He sold at $6 which was resistance a month and a half ago.

143

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Comment by robert41 on Nov 11, 2023 9:38pm

I'm not sure you can trust mr Richard's back in June when Bte was just over 4 cad he said he wouldn't touch it the chart was clearly showing it was going down it basically started going up after his comments... not sure how some of these guys get on the air.

269

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Baytex Energy Corp