May 18, 2025, 05:22 am ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CNQ

• Buy CNQ near 28.64 target 30.95 stop loss @ 28.56 Details

The technical summary data tells us to buy CNQ near 28.64 with an upside target of 30.95. This data also tells us to set a stop loss @ 28.56 to protect against excessive loss in case the stock begins to move against the trade. 28.64 is the first level of support below 30.7 , and by rule, any test of support is a buy signal. In this case, support 28.64 is being tested, a buy signal would exist.

• Short CNQ slightly under 30.95, target 28.64, stop loss @ 31.04 Details

The technical summary data is…