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Bullboard - Stock Discussion Forum Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Energy Oil & Gas E&P
Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and Oak/Flatrock in British Columbia. The... see more

TSX:KEL - Post Discussion

Kelt Exploration Ltd > BB Question...
View:
Post by TouchDown12 on Sep 29, 2021 5:18pm

BB Question...

I bought some more KELT at the close today. After the pullback from 4.80 - and with all the good news coming in the next 90 days - seems prudent to add. Yet selling presure came in a hurry from 4.80 down to 4.40. Am i missing something; or is that profit taking? Thanks in advance with any take. Long KEL. TD12
Comment by Indicator on Sep 29, 2021 7:05pm
Technicals show similar Jan 2020 TOP resistance of approximately $4.95. KEL will need volume to break this double top. As I mentioned earlier, WTI also at a significant double top. Recent unexpected API build data and worry of Opec+ flooding market with more oil have paused this run. What are you referring to coming in the next 90 days? Looking like some consolidation underway until confidence ...more  
Kelt Exploration Ltd
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