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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic... see more

TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > NEW HIGH on Friday ;>))))
View:
Post by TimeBuilder on May 28, 2022 8:54am

NEW HIGH on Friday ;>))))

Tourmaline Oil Corp
TOU
$77.86
$1.41 (1.84%)
Bid / Lots$77.60 / 10
Ask / Lots$77.90 / 1
Open Price$75.84
Volume- (-)
Day Range High / Low$77.89 / $75.67
52 Week Range High / Low$77.89 $28.74
Analyst Ratings
Sell  0Hold  0Buy  10
As of 27 May 2022, 04:15:21 p.m. ET
Comment by bagcheese on May 28, 2022 2:24pm
That close above $77.15 was massive. There is very minor resistance at $80.55 or 4.4% up from here., There's no substantial resistance until $93.
Comment by bagcheese on May 31, 2022 12:53pm
Look at this thread, i was literally .10 cents off calling the resistance (80.55 / 80.66) I think we will take out that resistance easily ..then after 88.55, i think there isnt much resistance at all until $93 which is ~ 16% above 80.55.
Comment by fishcarrier on May 31, 2022 1:31pm
Yes, I was surprised that it went over $80, and that by quite a lot, before it quickly retraced. Perhaps it will very soon reach higher highs, but I have a feeling that we may be in for a consolidation period. The stock has absolutely rocketed up this month.  I could diversify some and invest in some oil, but I still like NG the best. Oil may be up roughly 100% from say, 60 to 120. but NG is ...more  
Comment by Cobalt on May 31, 2022 2:42pm
Ya we were overbought and extended as far as ever above to 50ma
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