sevensphere

You wanted an energy pick?

Long
sevensphere Updated   
TSX:SU   SUNCOR ENERGY INC
650M of the total shares of 1.5B is already on the short side.

The company will continue with his shares buyback program :

Suncor Energy shares outstanding for the quarter ending September 30, 2020 were 1.525B, a 1.87% decline year-over-year.
Suncor Energy 2019 shares outstanding were 1.561B, a 4.17% decline from 2018.
Suncor Energy 2018 shares outstanding were 1.629B, a 2.16% decline from 2017.
Suncor Energy 2017 shares outstanding were 1.665B, a 3.29% increase from 2016.


I expect a multi-days breakout, that means if you wake up one morning and the stock is up 30% i don't sell. It will continue for at least a week.

Trade at your own risk!
Comment:
When i started trading years ago, i called that pattern the '3 mountains'. :D

The rules were simple, that pattern is a confirmation of the reversal of a big impulse down we had.

I salute all my little frd of the kingdom, you should change your advisors. Worst ever..

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