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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > What will be trigger?
View:
Post by Dogsbreakfast4U on Feb 12, 2021 10:30am

What will be trigger?

The energy index, including CVE, CPG, WCP and other oily stocks have been trading sideways for some time unable to cross their long term technical resistance. The longer this situation continues the clearer and stronger the upward or downward following movement will be. The question is what will be the trigger that will lead-draw them up or down.
Comment by RagingBull3 on Feb 12, 2021 11:05am
Oil Price.    Look at the Pattern over past 6 years!   Oil Price....Share Price.    Oil in the $50s, what has it ment for Share Price for the sector?    All just my opinion/view/thinking
Comment by Dogsbreakfast4U on Feb 17, 2021 7:35pm
I think we just found the trigger for CPG. If we have good draw numbers tomorrow the others ones should follow.
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