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

Alternate Symbol(s): TRMLF

Energy Oil & Gas E&P

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

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TSX:TOU - Post Discussion

Tourmaline Oil Corp (Alberta) > Resistance

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Post by Tslayer on Jun 30, 2023 12:52pm

Resistance

Finally broke through $62.00. Yippee! Let's hope it doesn't break below. I see $63.74 as next level. It's taken a long time but it looks like it's gaining momentum.

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Comment by Dogsbreakfast4U on Jun 30, 2023 1:48pm

Low volume however. Looks more like short covering than institutional buying. This said it has gone through some significant resistance. Let's see how it closes today.

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