$CVE - Trailing WTI

CVE is currently fighting with the top of the 5 year price channel.

WTI has clearly broken out of the previous 5 year price pattern, CVE is lagging.

Earnings on Nov 2 - I'm looking for a big breakout there.

After breaking out of the existing channel, the new range might be $15-$22 (CDN)
Trend Analysis

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