Anand_Iyer

Long BTE b/w 2.04 & 2.13; Target 2.47-2.53

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NYSE:BTE   Baytex Energy Corp
Looking for a long b/s the most immediate low @ 2.04 on hourly and 2.13. However, only a Close above 2.18 on hourly is likely to confirm a short term retrace to 2.50; prior support zone on daily.

Here's a look at the short term hourly chart with the bullish divergence signals.

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