SUNCOR ENERGY INC

SU TSX

star1611

Beginner trader here. Not sure if I drew the trendlines correctly. I wonder if it would be another side trend or going up...

kevinbiroun

As Suncor approaches a previous area of resistance this area can offer up support and potentially reversal at this area. Depending on the severity of the selling pressure we may see a break down of the upward channel and head back to major support levels (smart to have a stop loss in case it does). However if this decline in share price is transient we can see a...

KrunchKitty

Succor broke out with volume yesterday. We are headed towards the 29 resistance.

mxc111

As the economy begins to reopen more people will be driving, summer is approaching and crude is rising - bullish catalysts. EMA crossed over signaling a buy - I am targeting top of the channel at $24.50 (approx. 6.5% move rather quickly)

longevitypainting

Triple bottom off support, 2 to 1 risk vs reward.

sevensphere

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...

Sunstorminvest

Thursday: Focus USA Canada Mexico By Sun Storm Investment Research A Profit & Solutions Strategy & Research Contact: Find me anywhere debadipb Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: I am not a financial...

Vaggitarian

With Warren Buffet buying into Suncor and a big inverted h&s pattern, this 2 week resistance point is being penetrated and is ready to gush upwards into the 26+ range! I've entered at 24.78 with a target of 26.50!

kevinbiroun

Suncor potential upside to 24 dollar range (~10%). The idea is based on trend but also the prospect of a stimulus bill sending stocks into a Christmas rally early next week. Cheers! Buy Price: 22.41 Sold: __________

IIICENSOREDIII

Suncor has been another fantastic play since the 15$ entry. Now entering a new zone a bit high on the RSI's. Stock is still undervalued. Looking for a strong push from here to next fib line so RSI can reset down before another two waves up. Stop Loss in case of breakdown, although unlikely.

jayakrishnagopu

My View

longevitypainting

Looks like inverted head and shoulders, or could be a double top. We will see soon.

PS_TopDollarInvestments

Hello fellow traders, Today we are looking at Suncor Energy Inc (SU) on the TSX. As we can see, following the COVID dump in March, the chart has printed a nice double bottom around $14 on the daily time frame. Prices have moved above all EMAs except for the 200 EMA , which is currently being tested for a breakout. We also see some large buying volume coming in...

stephanelibatd

Hey people, SUNCOR ENERGY is in a bullish momentum with a hammer candle and a return of large buying volume. By looking at the TIMEFRAME M1 we notice a dash with a large volume of purchases made which has gone to test the top of the comfort zone. Great possibility of breaking out the zone afterwards the price to go away on the one above and to land on the last...

sahandke

dub

beingpro

Hi, Just saw a good technical setup if you are looking to enter long position fundamentally. I would enter at this price. 22.60ish with SL @ 22 and TP1 @ 26 TP2 @35.

gNnairdA

There ae two important levels here 14.74 and 14.02 the two important levels of support. We don't have a crystal ball to know when the the bottom is in but we need to wait and see how price action interacts with the levels before we buy. Likely a bullish divergence will form as it reaches 14.74 and if you are an investor I'd be ready to DCA to 14.02 . The wedge...

thumble

obviously it depends on Crude prices but close to a long term support level, may bounce back to prior support for a nice gain and then sideways for a while.