CRESCENT POINT ENERGY CORP.

TSX

CPG

This this looks so good to me

Swing area defines

A small pullback while time arrests price in order to be square. SOL144 432mhz

Price ahead of Time. When price and time are square, a change in the market will happen.

Interesting little find CPG in the energy sector. Looks to be rallying to 1.50. Expecting a slight retrace and then the continuation of growth.

This is a nice speculative buy and hold at these prices given solid assets, downstream producer not very sensitive to the WCS/WTI differential, above 7% divi at these $4.88 prices. Could see further selling pressure as margin calls possibly intensify but nice setup here for a rebound based on oversold daily RSI and a STO wound up. Canadian Oil stocks are for...

CPG is going to get bought. Just a matter of time. I would say wait for the stock price to make a new low (since inception) and I think you'll see a major step in and buy these assets. Major conventional player in the Western Canadian basin with established leases in friendly O&G communities. CEO stepped down in May (started the company) so the major psychological...

TSX:CPG is also in a channel. This one is almost a year long; and longer term view...does not look very good. lot closer to ATL's vs ATH's If its move from upper end of channel to lower one takes roughly the same time as last couple instances; i think it will likely hit that lower range around 8.35 close to the end of the month (may)...another 2 weeks or so. ...

cpg

nov 13

The weekly chart MACD seems to be diverging since September 2015 low, now the chart is forming an upside down head and shoulders. Should a breakout occur the measuring rule would put a price target around $13.00

CPG - LONG

target 29.8 $ -- summer 2019

tops 2Q17 expectations and increases 2017 guidance – -CPG’s 2Q17 production and cash flow handily beat consensus estimates

• Falling Wedge • RSI = oversold • Maximum Gain

CPG TARGET 1 : $24 TARGET 2 : $32

Long on CPG

Analysis