CENOVUS ENERGY INC CVE

teajaya

wow this has been invincibly bullish. If we flip the Value Area High into support there's no reason why we can't head to the top.

JebusLives Pro

CVE is currently fighting with the top of the 5 year price channel. WTI has clearly broken out of the previous 5 year price pattern, CVE is lagging. Earnings on Nov 2 - I'm looking for a big breakout there. After breaking out of the existing channel, the new range might be $15-$22 (CDN)

AthenaCapital Premium

I see no reasons why this won't go back to test 2018 highs of 14.84 and go beyond that into the end of the year. Positive macro around oil and canadian producers right now Lots of calls for $90 even $100 wti from goldman sachs 2018 WTI made a high of $76 before getting slaughtered all of 2019. I believe this time around we have the inverse scenario.

10:12

mnovo Pro

request

amirbaghestani08

As we can see the chart, from Feb 1st the price range established in $8 channel. It is already bounced from the $8.20 toward higher targets, and now getting ready to break through the next resistant poit of $8.80, after that the next target will be $9.98 Timeframe to reach the price target might be by end of Feb to mid March. Considering the current price of...

amirbaghestani08

There is a strong pull back on RSI 60, the resistance of $7:40 broke easily, there is a bigger one at $7.80 that supposed to push it back to $7.20, but due to the Covid Vaccine news it should not go lower than $7.40 Belw $9 will be a sell position and rebuy at $6.20

danchobraylon

CVE:TSX Consolidation Zone $6.9-$7.80 Long Position -Target $9.29-$10.29 July 30 This security analysis was published on June 9th, 2020 BD Disclosure: BD is a shareholder of Cenovus Energy. Please do your own due diligence before investing in any securities.

09:41

mnovo Pro

request. i think we might be in the starting blocks.

St-CapitalFund Pro

Information Position: Long Size: 5 Price: 2.50

St-CapitalFund Pro

Information Position: Long Size: 5 Price: 3.89

cellulitis Premium

Wave B should finish around $13.14 are from the micro fib extension I did for the ABC wave. After that, if $13.14 hold's true, wave C will bring prices down to $9.18 area.

AllTradeSignals

Cenovus Energy seems to be swinging wildly as it gets ready to settle in for the winter. Here are two trades picked up by our AllTradeSignals Volume Pressure Gauge over the past couple of weeks: Trade #1 - 10% gain in 9 days Trade #2 - 6.5% gain in 1 hour (!) (Side note: For me, trade #2 is still "open" as I feel like there's room to run. But you could...

WafflesDxb Premium

possible with this double bottom

ArthaVidya

CVE is looking to start a new set of impulse waves that could close the triangle bottom formation and breakout.

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 Pro+

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

ChristianSchramm

CVE - Reversal Truncated Fifth

ChristianSchramm

Cenovus : Unknown Sell at $17-17.5