JakeSummerfield

Low Risk Entry on SU with high upside

Long
NYSE:SU   Suncor Energy Inc.
Great opportunity to buy just above 200 day MA as the energy sector breaks out. This looks like a stage 2 breakout, clearly defined exit below 200 day MA. $1 or $2 downside vs high upside
Comment:
Still holding, good entry and/or re-entry spot on weakness
Trade active:
Added more on 50 Day MA retest.
Comment:
Below 30 week moving average for first time, monitoring the weekly close
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