TradingView
EndlessCode
Jun 19, 2022 6:31 AM

$SU ~ Correction in progress... 

Suncor Energy Inc.NYSE

Description

As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
Comments
marktiu
Are you drawing 5 wave diagonals? If so, then that is incorrect.

And if it is an impulse 5 wave structure, it is still incorrect as wave 4 has passed lower than the end of wave 1
marktiu
For 5th wave diagonals,

Wave 1 is largest, wave 3 is shorter, and wave 5 is the shortest.
More