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AthenaCapital

Cenovus $15 target

Long
CENOVUS ENERGY INC (TSX:CVE)  
AthenaCapital Updated   
TSX:CVE   CENOVUS ENERGY INC
Trend Analysis Chart Patterns Fundamental Analysis cenovus CVE S&P/TSX Composite Energy Commodities
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trendanalysis chartpattern fundamental cenovus cve tsx energy
I see no reasons why this won't go back to test 2018 highs of 14.84 and go beyond that into the end of the year.
Positive macro around oil and canadian producers right now
Lots of calls for $90 even $100 wti from goldman sachs
2018 WTI made a high of $76 before getting slaughtered all of 2019. I believe this time around we have the inverse scenario.

Comment:
Nailed it
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