JoelAdams00
Long

PWT.TO oil play

TSX:PWT   PENN WEST PETROLEUM LTD
30 0 2
I am wanting to take advantage of the price of oil             . So i am looked for companies who have the least of amount of hedging, therefore they will move the most because it directly affects them the most.

PWT             and oil             have both created a bit of a double bottom . I became long on April 3rd at 2.19 after the news from Iran talks.
It has crossed the mid term downward trend line .

Will be careful about this long position as if WTI doesn't get to 60 soon and for a solid amount of time PWT             will be bankrupt by the end of the year.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out