Montreal based, online grocery company / meal delivery
Current price: 8.51
Results Y/Y: 130%
618M market cap
33.83% shares held by insiders
6.80% shares held by institutions
-Revenues reached 100.7M in the second quarter of Fiscal 2021, an increase of 41.9M or 71% year-over-year
-Gross margin reached...
-Head and shoulder, failed at new high, sign of weakness.
-Overall bullish, Suncor's assets alone are worth around 16$.
-Short term, Oil taking a hit with consumer's sentiment shifting towards renewable energy + OPC cuts.
-Pre-COVID levels indicated regular increase in Oil consumptions, we're far from being OIL free.
-If 17.47 small support breaks, I'm out.
For my day traders and my long term traders, this is an interesting stock that we could easily profit from.
No debt/Quarter looking good/Oversold
3 key resistance depending on your target, i'll sell after the second since I'll hold it just before market closes.
Don't forget your stop loss!
Perfect stock to short going down, setting alarm once again to 0.385.
Once it reached it's all time low, buy and set a high mid term objectif.
News are critical at this point
Let me know what your point of view.