XEG: Canadian Energy a bit More Energetic?

28 เม.ย. 2021

The daily chart gives me a little more optimism in the recovery of this beleaguered ETF and energy stocks in general. As I noted in my previous analysis, XEG has been in a downward channel for the last 10 years - wow!

Is there a chance of recovery? If it breaks $8.20 level we can see the price appreciating all the way up to $9.50. Let's see if that happens :)

Happy trading and please do your own due diligence when making financial decisions!

28 เม.ย. 2021

บันทึก

Here is the link to my previous related idea:

29 เม.ย. 2021

บันทึก

Today's price action was encouraging.

I believe we are on the way towards $8.00

6 พ.ค. 2021

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$8 was successfully reached today

17 พ.ค. 2021

บันทึก

Breakout happening?