SUNCOR ENERGY INC.

TSX

SU

TSX:SU failed to break pass the resistance line at around $41.80~, the very low MACD is also starting to cross over and it looks like it is bouncing perfectly right off the Bollinger Band. Good long opportunity here until it needs to make a decision at the previous support trend line around the $47 mark.

Suncor

accumulation

MEDIUM-TERM

Long - loNG tERM

Price has broken down, next support is around 2% away. - Classic bearish ascending triangle pattern - MACD turning over and still negative - RSI breakdown - Price down trending, below all moving averages

Suncor is going down at $36 -

Suncor Energy Inc

Tracking of Suncor's stock values.

Tracking of Suncor's stock values over the past few years.

Entry: 42.00 Stop Loss: 45.08 TP1: 40.30 TP2: 38.85 TP3: 37.35 Close 1/3 of the position whenever touch TP1 and break even Close 1/3 of the position at TP2

Suncor weekly chart on TSX not NYSE Cheers, Keops

This tracks Suncor's stock prices