TSX:CGO - Toronto Stock Exchange - CA19238T1003 - Common Stock - Currency: CAD
Overall CGO gets a technical rating of 9 out of 10. In the last year, CGO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
CGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 64.73. Right above this resistance zone may be a good entry point.
45.37
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
64.74 | 60.32 | 4.42 (6.83%) | 14.65% |
An entry @64.74. This is a Buy Stop order right above the resistance zone. | An exit @60.32. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.42 points, which is 6.83%. | For a 1.00% total portfolio risk, you can invest 14.65% of your capital in this trade. |
TSX:CGO (5/2/2025, 7:00:00 PM)
62.87
-0.28 (-0.44%)