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TomKirk

Cenovus Energy reversal

Long
Cenovus Energy Inc (NYSE:CVE)  
TomKirk Updated   
NYSE:CVE   Cenovus Energy Inc
Trend Analysis Double Top or Bottom Moving Averages
0
0
trendanalysis doubletoporbottom movingaverage
-56 Week double bottom
-Daily 50SMA is crossing above the 200SMA with both pointing upwards
-Contracting volume as pattern matures

40 basis points (slight increase)
Am a buyer above 14.66
Will take profits just below measured move
Comment:
Buy stop order @ 11.67
SL @ 10.67
TP @ 16.23
Comment:
Order still on coming into new week
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