CVE short Short

Cenovus Energy IncNYSE

Description

⋅ Jan 8, 2024 10:35 PM

Chart analysis leads me to believe that shorting CVE is a good option here. I would definitely buy the dip at around 1.40 - 1.60 though. We'll see what happens.

Comments

Cup_Noodles

⋅ Jan 15, 2024 4:58 AM

you see a 90% loss ? how ?

WaterlooHawk

⋅ Feb 12, 2024 2:53 PM

@Orca_fin, That seems to me just a wish. CVE is in a good position. It's hard to go bankrupt if you don't have a debt. CVE reduced its debt immensely.