CVE's price action isn't flashing a clean bullish signal just yet from the charts.

Last week wrapped up with a bearish continuation candle—pretty clear sign that sellers are still calling the shots in the short term. But here's the thing: that lower wick tells us something interesting. It shows the bulls actually showed up to defend the 50 EMA. Whether that hold sticks or breaks is the key question right now.

The setup remains choppy. You've got bears in control, but there's enough buying interest at support levels to keep a potential reversal in play. It's one of those situations where patience beats guessing. Watch how price reacts around that 50-day moving average—if it holds and we see some real conviction buying, that could be the technical flip we're waiting for. Right now? Just noise and indecision.