CVE trade ideas

TomKirk Updated 

-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

cheema113

As you can see, CVE was unable to break this key resistance line which has been in play on the daily chart. It is looking highly probable that we break down to lower lows as there was a lot of selling off once we reached that resistance point today.

Br0wnie

Slowing downside momentum within an improving oil market and oversold natgas environment.Over $9.63 is a short term breakout on the 1 hour chart

coolingla

For this setup to work, CVE will need to hold the support at $7.0 in the next few days and then rise quickly and decisively after that.

pashtun

Wait for this to get oversold agian,

pdsolarhomes

TCT BACA 9.12 or Retest 6.23

ChristianSchramm

CVE - Reversal Truncated Fifth

ChristianSchramm

Cenovus : Unknown Sell at $17-17.5

ChristianSchramm

CVE : 28 + by July 2018 !

PtahX Updated 

Noted a Bullish Shark completion on Cenvus Energy (CVE / CVE.TO) -Expecting a correction after double bottom or with news .. targets listed on chart

baderalsihly Updated 

ON WATCH WAITING TO COMPLETE WAVE C

BarsStallone

A nice pin bar entry off the 28.33 Support level