Diving towards a strong key area with positive analyst expectations I would consider Baytex Energy as a possible buy. Areas plotted to look out for, combined with daily and weekly moving averages to be used as S/R confluences.
Baytex Energy Corp.'s Intrinsic Value Is Potentially 93% Above Share Price. Key Insights Using the 2 Stage Free Cash Flow to Equity, Baytex Energy fair value estimate is CA$11.54 Baytex Energy's CA$5.97 share price signals that it might be 48% undervalued Analyst price target for BTE is CA$7.58 which is 34% below our fair value estimate Opportunity Annual...
because why not. Total volume is >USD1000. Put in a couple of bucks and see the price move up.
So far so good . Let's see if price will hold above $0.50 and cross $0.55 level .Indicators are positive .
Hello Traders, My model has identified a great opportunity in BTE. Targets defined on chart. This is a long term strategy.
Watching BTE because it has been forming a flag, stop will be loosely under 5.50 area
Looks extremely bullish, although seems to retest the former resistance of $5.5