Energy is one of the top sectors in the newly named value/growth trade. $XOM $CVX $COP $XLE all the common names to come to mind. But how can we get an edge on this trade.
$CNQ not only is it an energy trade, but also gives us exposure to a decline in the $DXY for an added tailwind.
Check out the chart below with a beautiful setup on the charts, along with a Monthly squeeze looking ready to fire. Target is $45-50 on this one by end of year
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