CVE – Long Ping Pong Play

"Danno" Sheehy

A long trade setup in Cenovus Energy, Inc. (CVE) is illustrated below. CVE has traded in a sideways channel between 13.00 and 16.50. The stock is now within two average true range measures of the channels low. We’re looking for the pattern to continue by reversing off prior lows to return to prior highs. This […]

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"Danno" Sheehy

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