Technicals

August 31 - Crescent Point Energy (CPG) had the 8 day moving average moving upwardes through the 20 day, 50 day, and 100 day moving averages in close succession. An upgrade to a top pick at First Energy combined with a rebound in oil made this a great trade that turned Crescent Point from down over 3% to up over 9%. We were watching the stock from the open and caught it part of the way up.