CRESCENT POINT ENERGY CORP

CPG NYSE

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

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

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

alifx01

buying this levels.. cheap prices

pbartashevich

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

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

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.

pbartashevich

CPG (Crescent Point Energy) oil producer was beaten down over the years. I believe company has a lot of value and severely undervalued even at current WTI prices. Chart analysis shows that most likely CPG is likely bottoming. It producing Broadening Formation pattern accompanied with weekly RSI divergence on a high volume after very long trend down. This is the...

TradeWithZeroEmotion

$CPG Swing Trade Paln

Thisguy22

I got you now! go up I command you!

Thisguy22

CPG, it's looking poised to go up again, I'm not entirely sure on this one....yet, but maybe just maybe...yeah it should make some gains wait a little longer for confirmation but yeah it's getting ready

Thisguy22

Upwards trend and may be able to break the 9.20 barrier, if it doesn't go down more gains stand to be made, short upward run for now

Thisguy22

Confirmed uptrend or very close to it, I see gains on this bad boy, and I might just have to say it will break 9.30 and keep going up..... just maybe...