Canadian Natural Resources hammering out a huge topping pattern
In this instance, Canadian Natural Resources LTD is still in the process of hammering out a huge topping pattern, but in the midst of doing so, it's got a small head and shoulders pattern that's already complete between 36 and 41, suggesting an easy move down to 31.
Canadian stocks rose, led by raw- materials and energy producers, after China said it will get more involved in a solution to Europe's debt crisis and the US reported a decline in crude oil inventories.