LeLaf

BTE.CA: Ascending Triangle (170%) Cup'n handle (89%)

Long
TSX:BTE   BAYTEX ENERGY CORP
Again, special request by a follower to do BTE.

BTE stock trades on Canadian and US markets. So this chart applies to both.

Left hand side graph shows a confirmed Ascending Triangle on the Weekly with a possible total gain of 170% and a price target of 6.65$$.

Right top graph shows the same weekly chart but this time with a confirmed cup'n handle with possible gains of 89% for a price target of 4.69$ .

Finally, the Energy sector is shown on the bottom right graph (weekly chart). Again, an ascending triangle (not confirmed) with possible gains of 77%. This reinforces the possible gains for BTE. Energy sector has to break the 460$ resistance level to confirm.

Help if you can! Coins or Patreon.

Stay humble, have fun, make money!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.