CU.PR.E trade ideas
CANADIAN UTILITIES LTD testing all times highsCU is simply testing all time highs again as this cycle appears to happen every 2-3 years. Indicators are still bullish as the stock fights resistance although anemically so. Could possibly see a fake out like what happened in 2015 so i would keep an eye on this stock for the next 2-4 weeks. End of 2020 could be a good opportunity to pick it up for 30-32 dollars if it fails to breach. Mind you this is strictly T.A with no fundamental knowledge, something on the macro scale could take this stock to ATH.
