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Long CNQ at $28.74

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August 06, 2012 – Comments (0) | RELATED TICKERS: CNQ

Here's another trade that I took today and am currently holding long - Canadian Natural Resources (CNQ), where I got in at $28.74 with a stop at $27.85. If this one can continue to move higher, we should really be in for a traeat - as it is confirming the inverse head and shoulders pattern and ready for the breakout.

This is a swing-trade I plan on holding until Wednesday, in which I'll sell the position due ot earnings coming out the following day. 

Here's the trade-setup in CNQ

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