Its a clear roadmap for NYSE:CNQ I had done this analysis about 9 days ago for one of my friends and I forgot to publish it, and now that I am back, I see that it has progressed exactly step by step according to the analysis. I need to see which price action pattern I specified on the chart will proceed in the future
Hi #CNQ (CDN NATURAL RES), Canada NEO MARKET is in upward waves so if you get in a position with following details just exit position if updating trendline broke Entry:81.29 SL:79.43 TP=1:10 and more but wait for trendline break and dont forget update trendline
DESCRIPTION: In the chart above I have provided a SEMI-MACRO analysis of NIO STOCK. As an update to my previous chart on NIO this chart features a much more clear interpretation of where price action can head in the near future. POINTS: 1. Deviation remains the same. MACRO DEVIATION = 10 POINTS, MICRO DEVIATION = 2.5 POINTS 2. Current Trend: Symmetrical...
Ideally you have been long this for awhile but even if you aren't there is lots of meat left on the bones here. Returning cash to shareholders lowering debts drastically the picture around the large Canadian producers is looking better and better each day. If it's good enough for the saudis to own its good enough for you. Dividend increase in the pipeline. The...
Company Description: Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. The Company's operations are focused in Western Canada, the North Sea and Offshore West Africa. Analysis: Canadian Natural Resources is an oil and gas company within the energy sector! I...
Contrary to what people have been talking about for the past, really, 12 months about crude plummeting to 30 bucks, in reality, this will not happen and Crude will steadily rise in 2020 and perhaps even a good portion of 2021. Of course, there will ALWAYS be good short opportunities but I focus on mid/long-term trends for those who follow my ideas. There are...
CNQ seems forming a potential H&S formation. It seems a very good downward momentum short setup. For potential entry we would like this to cross be 26.87
CNQ is between two major weekly supply (@ 44.55) and demand (@ 39.82) zones. Considering the trend is down, any relief rallies can be sold until price reaches weekly demand. At the moment, the weekly downtrend has paused and moved into a ranging environment. Zones of Interest: Supply: 45.56 & 47.14 Demand: 40.31
I believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal. It requires...