Updated PTs for Canadian Oil & Gas
1.Updated PTs for Canadian O&G. An average O&G company on this list trades ~44% below its average PT and ~68% below its high PT.$Canadian Natural Resources(CNQ)$ $Cenovus(CVE)$ $Suncor(SU)$ $Imperial(IMO)$ $Arc Resources Ltd.(AETUF)$ $Tourmaline Oil Corp.(TRMLF)$ $Whitecap Resources, Inc.(SPGYF)$ $Montrose Environmental Group(MEG)$ $Crescent Point(CPG)$ $Baytex Energy Corp.(BTEGF)$ $Tennessee Valley Authority(TVE)$ $Enerplus(ERF)$ $Vermilion(VET)$ $C&J Energy Services, Inc.(CJ)$ $Nova Minerals Ltd.(NVAAF)$ $Invesco High Yield Equity Dividend Achievers ETF(PEY)$ 2.Nasdaq is back to its critcal point again. Historically, every time Nasdaq convinsingly broke through 200D EMA on a weekly, it let to a major sell-off.
Lose this area and it's game over.$NASDAQ(.IXIC)$ $S&P 500(.SPX)$ $NASDAQ 100(NDX)$3.As of Friday market close S&P 500 has lost ~$8.9 Trillion in market cap YTD.$S&P 500(.SPX)$ $NASDAQ 100(NDX)$
https://twitter.com/Gugo907/status/1571041265613176832
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
[Miser]