CNQ Sitting on the desending trendline channel. Not a bad entry point with a target of $42 over the next 3 months if the market doesnt collapse. Buy signal has flashed for my indicator on the daily.
CANADIAN NATURAL RESOURCES LTD stock forum
CNQ Sitting on the desending trendline channel. Not a bad entry point with a target of $42 over the next 3 months if the market doesnt collapse. Buy signal has flashed for my indicator on the daily.
CNQ IT get to 40$ after 3 month
CNQ $43.80 Support got wrecked. Next support at $41.75 for a potential long entry if it finds bids. 2025 should see this in the high 40's or low 50's on crude recoveryCNQ Took Profits on my 43.80 entry around $48. With this latest drop. I'm taking another small entry at $45.70 CAD based on my indicators. Stop loss will be under 45.40, profit target #1 = $47. Reverse H & S forming on the 5minCNQ this pull back on US data is creating a great entry opportunity in my subjective opinion. $43.80 CAD as support?
CNQ good set up and great fundamental. Low-risk position can be placed here
CNQ tell me more