Post by
BSdetector2016 on Aug 18, 2023 12:45pm
Over-bought
We all know what happens next...
Comment by
integrity11 on Aug 18, 2023 1:05pm
Appears you do not folllow SU and more focused on mines, so not sure how you would know SU is overbought. I think what is more likely is the market is realizing SU is under valued and share price is catching up to where it should be. If oil price can stabilize over $80, SU share price should continue to do well imo.
Comment by
BSdetector2016 on Aug 18, 2023 2:50pm
RSI is too high; shorts are covering and, after that, it will nose down for a while. Nothing goes straight up.
Comment by
MigraineCall on Aug 20, 2023 12:02am
Daily shorts: https://nakedshortreport.com/company/SU/