Bullboard - Stock Discussion Forum MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout... see more

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MEG Energy Corp > Technical Analysis

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Post by retiredcf on Oct 10, 2024 7:12am

Technical Analysis

BUY ON WEAKNESS
MEG Energy Corp(MEG-T)
09/10/2024

Buy on pullback?
Looks good. He got a weekly buy on this 2 weeks ago, a monthly buy would be more substantial (the more you go out, the better it is.) Short term, hitting resistance. Once it gets through $28.40, it will probably play out with what he sees in the longer-term charts, which look quite good.

Oil / Gas

Hap Sneddon
$27.250
Unknown

157