3/13/22 CNQCanadian Natural Resources Limited ( NYSE:CNQ )
Sector: Energy Minerals (Oil & Gas Production)
Market Capitalization: $70.677B
Current Price: $60.89
Breakout price: $54.00 (hold above)
Buy Zone (Top/Bottom Range): $57.25-$51.35
Price Target: $77.00-$79.80
Estimated Duration to Target: 788-805d
Contract of Interest: $CNQ 1/20/23 60c
Trade price as of publish date: $9.10/contract
Canadianoil
USDCAD sitting in support. Possible short term buy on this areaUSDCAD is dancing in the 1 hour chart. If I will trade on what I see, I'll place a buy order at around 1.32450 and Trailing stop when it goes up by 20 - 30 pips in a positive position. If it goes down then I'll place a pending sell order at around 1.32250. Manage your risk management for God's sake
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