Long for the long haul entry on CR, back test of the 236 with todays drop. May need to go sideways here at this level. Stop placed under the weekly action with a wider stop. Lower than usual position due to wider stop and crazy arse markets.
Another energy stock looking to increase its price per share. This time with a bullish pennant. Not confirmed yet. If confirmed: PRice target = 4.07$ Stay humble, have fun, make money!
Bullish flag, confirmed, on the weekly chart Another energy stock on the rise. Price Target = 3.87$ Stay humble, have fun, make money!
Huge consolidation at all time lows has developed a lovely looking bottom. In fact its irresistible. Watching here to see what happens next. Weekly MA's are flipping, we could see a strong move.
Bullish Pennant, awaiting confirmation Pros: Descending volume during formation Volume at break out PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 200MA ascending 250RSI above 50 PT = 1.15$
Seeing all kinds of basing patterns in the Canadian Oil and Gas space.
Clean cup and handle forming setting up for decent reversal with volume gap in line with c&h target. Will likely reach target quickly upon breakout. Log chart for visual.