Suncor Energy Inc.Short
SU (Suncore Energy Inc) Daily Chart
The Canadian Sand Oil Company has topped a the 1.618 fib.ext. of "XA" impulse leg. Also hitting the upper line of its upward channel in purple. RSI was at double top and extremely over-both. Entry at the 0.618 fib.retr. of the re-test of double top. Target at 0.382 fib.retr. of the whole "XC" move. Risk/Reward 1:3.5
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.