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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Post by MigraineCallon Jul 13, 2023 12:41pm
191 Views
Post# 35539589

Beware the 12 Week SU Short Cycle

Beware the 12 Week SU Short CycleLike clockwork, SU has received a short attack exactly every 12 weeks, for the last 4 cycles.

Wash, rinse, repeat.

We have about 8 weeks left until the peak of the next shorting cycle, approx mid September.

Coincidence? 

Check it out yourself:

https://shortdata.ca/stock/SU.TO

Here is the short value for each 15 day period, shown on a chart:

User image

And those peak shorting events shown on the SU price chart with arrow indicators:

User image

All stocks go up and down. When they go up and down consistently at regular intervals, you have an opportunity, especially in a sideways market.


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