Swing Trading: Catching Up with Cenovus (TSX:CVE)
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 have taken profit there for an easy 5% once it started to drop.)
16% in two trades... enough to upgrade your family's Christmas gifts.
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