Cenovus Energy: Hold the Line — A Tactical Long Backed by Refining Strength
Cenovus (CVE) combines upstream oil exposure with a meaningful downstream franchise. Technicals and price action show momentum while valuation remains reasonable for an energy name, giving traders an asymmetric risk/reward to stay long through the next market leg. This trade lays out entry, stop and target levels with a mid-term time frame and a cl…