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Bullboard - Stock Discussion Forum Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

Energy Oil & Gas E&P
Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > Technically speaking......
View:
Post by cyber37 on Oct 03, 2024 3:46pm

Technically speaking......

This stock is climbing the other arm of ‘W’ formation - which started in late August; I also need to say that I’m not an expert chart analyst but do visit charts from time to time.
With today’s positive news and the way the graph looks there is a large likelihood of a healthy move up. Yes it is tempting to lock in those profits & sell but company keeps moving to the upside with each news release.
I think I’ll wait and see how high this ‘other arm’ of W gets.
G37  
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Valeura Energy Inc