CNQ | Long | Oil & Gas Diversification Play | (July 9, 2025)
1️⃣ Short Insight Summary:
Canadian Natural Resources (CNRL) is moving strong thanks to its diversified oil & gas operations, LNG expansion, and solid ESG positioning. We’re already up nicely on this move, and the setup still looks promising for higher targets.
2️⃣ Trade Parameters:
✅ Bias: Long
✅ Entry: Already in from lower (around $41)
✅ Stop Loss: Adjusted close to breakeven (~$41) to protect profits
✅ TP1: $46 — already partially hit (we took out 50% here)
✅ TP2: $50.65 — next profit-taking zone
✅ Final TP: $53.89 — extended target for the runners
✅ Partial Exits: Already 50% out, considering re-compounding at strong support zones
3️⃣ Key Notes:
We’re riding strong fundamental drivers: a major long-term LNG deal with Cheniere, increased pipeline capacity, and a robust oil sands base. The carbon capture (CCS) initiatives also support its ESG image, though they add capital costs. Oil price volatility and regulatory pressures remain risks, but the trend stays bullish as long as oil holds up and macro flows support energy stocks.
If entering fresh now, I'd watch closely and consider a tight stop around $41, as mentioned, to avoid getting caught in pullbacks.
4️⃣ Optional Follow-up Note:
I’ll continue to monitor and update this idea if major structure or price action changes.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Short Insight Summary:
Canadian Natural Resources (CNRL) is moving strong thanks to its diversified oil & gas operations, LNG expansion, and solid ESG positioning. We’re already up nicely on this move, and the setup still looks promising for higher targets.
2️⃣ Trade Parameters:
✅ Bias: Long
✅ Entry: Already in from lower (around $41)
✅ Stop Loss: Adjusted close to breakeven (~$41) to protect profits
✅ TP1: $46 — already partially hit (we took out 50% here)
✅ TP2: $50.65 — next profit-taking zone
✅ Final TP: $53.89 — extended target for the runners
✅ Partial Exits: Already 50% out, considering re-compounding at strong support zones
3️⃣ Key Notes:
We’re riding strong fundamental drivers: a major long-term LNG deal with Cheniere, increased pipeline capacity, and a robust oil sands base. The carbon capture (CCS) initiatives also support its ESG image, though they add capital costs. Oil price volatility and regulatory pressures remain risks, but the trend stays bullish as long as oil holds up and macro flows support energy stocks.
If entering fresh now, I'd watch closely and consider a tight stop around $41, as mentioned, to avoid getting caught in pullbacks.
4️⃣ Optional Follow-up Note:
I’ll continue to monitor and update this idea if major structure or price action changes.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.