Crescent Point Energy Corporation CPG

kelmokca Premium

Crescent Point Energy Fundamental Analysis Price to earnings ratio is around 1.4X (substantially lower than the sector and equities broadly) Q1 Revenues were $950 Q1 Margin was 95% income to revenue Following a 25% decline in recent price from $10.25 per share to below $7, $CPG appears to technically bullish on a long-term (6-9 months). Energy equities has a...

Vibranium_Capital Premium

CPG holding above previous resistance and using it as support now, bullish as long as we hold that trend. but be ready to play both sides just incase ;) long trigger is 8.06, short trigger is a break below 6.17/break back below previous trend resistance

WadeYendall Pro+

Here is look at CPG. One of many oil and gas names that have been a tear lately. Many charts share the same setup which sports a nice basing pattern out of longer term low. I have been hesitant to trade energy names due to the fact that it has been a dog for so long, but the energy crunch in China and else where is pointing to the possibility that that may be a...

sparrow_hawk_737

crescent point nice inv h&s going on down there strong wave 3, looks like its heading to retest ATH

yalahmadi Premium

NYSE:CPG Weekly chart For CPG We Will see a good move Good luck every one

Risk_is_yours

Good Technical, Fundamental and UP Trend . Target 6.00 , Duration 1 to 5 months.........

young_benjamin

Long term uptrend expected due to rising oil prices and increase in "Demand" IMO Short term swing positions should be strategically long. However, caution must be paid to renewables' play as that will impact oil's price action, which in turn will impact CPG

NoMythe Premium

CPG is currently within striking distance of a major resistance. Expecting pullback to previous S/R and will but when it retraces back up to the higher S/R BUY $2.18 SELL $3.47 - MAJOR RESISTANCE STOP LOSS - $1.74

John2068

I have provide few quick notes on the weekly chart of CPG. Notice the trend of the MACD and the moving averages beginning to move up. With inflation rapidly approaching and demand for oil still very much prevalent, even with all the electrification of society, it will still be a heavily demanded commodity. Solar and wind will not be able to provide all the energy we need.

WadeYendall Pro+

If CPG can hold above the channel theres room to 6.50.

alifx01

buying this levels.. cheap prices

pbartashevich Pro+

Quick refresher to previous ideas on CPG. Patience will pay off on this trade. Owning CPG is pretty safe right now after 90% drop from highs and consolidation/reversal pattern showing up at the bottom.

pbartashevich Pro+

Hello Friends, This is complementary idea to long term CPG idea (linked). Yesterday, CPG has completed Reciprocal AB=CD pattern and produced a bullish daily candle. I believe that correction from $4.46 to $3.33 is over now and CPG is ready to rally to its next target at around $6.21. That would be a retest of once major support break. It also coincides with...

young_benjamin

Key areas to focus for price rotation: Trade Talks with China Iranian Sanctions XLE - SPY correlation

young_benjamin

Next Resistance level - $4.81 Potential Retesting - $4.13 - Must watch WTI (partial sentiment), News on Alberta Supply production cuts

WadeYendall Pro+

CPG showing some life here. Broke from clear basing pattern on decent vol. Bound to catch a few eye balls.

oe123

Up up and away! Nearing a bottom at 5 years you have an inverted head and shoulders pattern which is a bullish bias. To get the profit target measure the length of the head as you see it on the chart then project the line upward to gain the standard measured target. In this case it's about 4.12. Remember that targets can be exceeded, not at all or within reach.