CNQ indicating it's ready to move higher!

7 พ.ย. 2021

* Great earnings with acceleration
* On the longer time frames, it's mostly sideways but has started a new up trend
* High relative strength in the Energy sector
* Broke out of a ~4 month basing pattern before making the leg higher.
* Consolidated in a tight range of 3.77% before breaking out again
* Maximum probable ROI for this trade would be around 26.70%

Trade Idea:
* Now's the perfect time to get in as the price is still close to the broken range
* Broke out with very high volume (178.08% of the consolidation average)
* This can also be considered a Pocket Pivot breakout; indicating institutional interest

19 พ.ย. 2021

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

Energy sector's taking a hit right now... This could see further downside.
$37.19 is now support