Suncor Small Analysis
-Head and shoulder, failed at new high, sign of weakness.
-Overall bullish, Suncor's assets alone are worth around 16$.
-Short term, Oil taking a hit with consumer's sentiment shifting towards renewable energy + OPC cuts.
-Pre-COVID levels indicated regular increase in Oil consumptions, we're far from being OIL free.
-If 17.47 small support breaks, I'm out.
Thank you
-Overall bullish, Suncor's assets alone are worth around 16$.
-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.
Thank you
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